Search This Blog

Tuesday, July 15, 2014

Milledgeville Community Credit Union embezzlement brings 8-month term

A former manager of Milledgeville Community Credit Union, also a former Wysox Township treasurer, was sentenced to 8 months in federal prison for embezzlement and ordered to pay more than $15,000 in restitution.

Kim Kent, 53, pleaded guilty in February to embezzling $219,600 from October 2005 to February 2012. She also must pay a $5,000 fine, and serve 2 years of supervised release, the first 6 months on home confinement, according to a news release from the U.S. attorney's office in Rockford.

Kent must pay the credit union $10,176.72 and the township $5,278.75. She already has paid $231,823.15 in restitution, the release said.

To conceal her embezzlement, Kent created fictitious loans using names of family members and fictitious certificates of deposit. After she was elected treasurer of the Milledgeville-based township in 2009, she used money from the township's credit union account to cover her embezzlement.

In February, Kelsey Selman, 37, a former teller at the credit union, also pleaded guilty to embezzlement.

She was sentenced in May to 2 days in prison and fined $4,000, on top of the $100,975.74 in restitution that she paid to the credit union shortly after she was fired, court documents say.

Selman used the credit union's computer system to apply credits to her personal account, and so its records falsely showed that the money in her cash drawer increased by an amount to cover the fake deposits.

No comments:

Post a Comment