Thursday, May 3, 2012

Pennsylvania Woman Indicted For Embezzling $357K From Credit Union; Second Woman Allegedly Steals $469K

Stacy L. Attisano, 43, of Portersville, Pennsylvania has been indicted on charges alleging she embezzled at least $357,000 from the Lawrence County School Employee Federal Credit Union where she had been employed as an assistant manager.  According to authorities, over a six year period, from 2004 through 2010, Attisano made bogus deposits and fraudulent loan payments to skim the funds from the credit union.  Meanwhile, Holly M. Cowan, 50, of Ellwood City, pleaded guilty last month to charges she embezzled $223,000 by employing similar schemes.  Cowan, the former credit union manager, is believed to have steered about $469,000 to herself.  It is unclear whether the two colluded in their schemes.  The five felony count indictment includes a tax evasion charge against Attisano. 

Read the story here and here.

Read the DOJ announcement here.

Update (4/30/13): Atttisano has been sentenced to 30 months in prison and ordered to pay nearly $223,000 in restitution, plus $37,400 to the IRS.  Cowan was sentenced to 15 months in prison in January 2013.

1 comment:

Anonymous said...

Did she ever get sentenced?