Thieving Manager Was No Good Samaritan
July 2, 2010
Total Loss:
$234,000
The former president of Good Samaritan Employees CU was sentenced yesterday to 33 years behind bars for embezzling more than $234,000, which forced the tiny credit union into liquidation.
Anne Bryson, who ran the one-time $2.5 million credit union from 1998 to its demise in 2005, pleaded guilty to using the credit union's funds for her living expenses by issuing credit union checks for her own use.
Source:
Credit Union Journal
Posted in:
Internal Fraud