Tribby allegedly used the funds to support a lavish lifestyle, which included a helicopter, a luxury motor home, several houses, and even exotic animals. She has been sentenced to seven years in prison for stealing $14.1 million in clients' money through a fake wealth management scheme, the publication reports.

According to prosecutors, Tribby had been working for Wachovia for more than 25 years, most recently as business relationship manager for client accounts in Virginia. From December 2003 to January 2011, she reportedly sold to certain bank clients a "wealth management product" which exempted users from having to pay federal taxes. Wachovia did not and does not offer such an account, the news report says.

Prosecutors reportedly charged that these funds were then actually transferred to accounts Tribby controlled, and that she went on to provide clients with fake balance statements and periodic interest payments.