A Woodinville man is facing 30 federal felony counts after allegedly stealing roughly $440,000 from two financial institutions where he worked and laundering the money through a series of ATM deposits.
Joshua Shore, 41, is charged with theft by a bank employee and multiple counts of money laundering, according to the US Attorney’s Office in Seattle. He was scheduled to make his initial court appearance Friday.
Federal prosecutors allege Shore carried out two separate theft schemes while working in management positions at financial institutions in Tukwila and Renton between 2019 and 2025.
“This defendant allegedly victimized two financial institutions, stealing huge piles of cash and casting suspicion on all the employees who worked there,” First Assistant U.S. Attorney Charles Floyd said in a statement.
Two Separate Alleged Theft Schemes
According to the indictment, Shore worked as an operations manager at a nationwide bank’s cash vault in Tukwila between July 2019 and April 2022.
Prosecutors allege he stole about $40,000 on Dec. 6, 2021, and another $100,000 on Jan. 28, 2022.
The indictment further alleges Shore attempted to conceal the thefts by making repeated $3,000 cash deposits of $100 bills into ATMs linked to his personal bank account before transferring the money to another financial institution.
Authorities say Shore later worked as a market manager at a financial institution in Renton from September 2023 through December 2025.
Prosecutors allege that just before the Columbus Day holiday in October 2025, Shore stole approximately $300,000 from the bank’s vault.
The indictment alleges he then deposited the cash into his personal bank account in amounts of up to $10,000 through ATMs at another financial institution.
FBI Investigating Case
The indictment seeks forfeiture of any money seized during the investigation.
If convicted, theft by a bank employee carries a maximum penalty of up to 30 years in federal prison. The money laundering charges each carry maximum penalties ranging from 10 to 20 years, depending on the count.
The FBI investigated the case.
Don’t Miss: ‘Pure Greed’: Bellevue Real Estate Broker Blew Investor Cash On Custom Tesla, Massive Diamond Ring
