A Beaverton man was sentenced Monday for stealing more than $100,000 from clients when he worked as a personal banker at Wells Fargo.
Sherdon Lamorell, 31, was sentenced to 13 months in prison and ordered to pay $100,782 in restitution. Lamorell pleaded guilty to two counts of first-degree aggravated theft, and a judge dismissed five other charges, including one count of aggravated identity theft and two counts of first-degree aggravated theft. Court documents show that Lamorell stole from three cognitively impaired clients, and assumed the identity of at least one of them in order to steal money.
Lamorell’s indictment states that he stole from three clients between November 2016 and January 2018.
According to a statement from the Multnomah County District Attorney’s Office, the daughter of one of the victims noticed more than $76,000 missing from her mother’s bank account in January 2018. Upon reviewing financial records for the victims and working with Wells Fargo, investigators found that Lamorell had written himself cashier’s checks, and deposited the checks into non-Wells Fargo bank accounts. Lamorell used the money for personal expenses, including to buy a luxury car in Lane County in 2017.
Lamorell will face two years of post-prison supervision after his release, and will be required to have mental health, alcohol and drug evaluations.
