Thursday, November 20, 2014

South Carolina Woman Charged With Embezzling $325K From Credit Union

From The Post & Courier on 11/19/2014:

A Ladson woman is accused of embezzling $325,000 from the bank where she worked over a six-year period, according to the U.S. Attorney's Office.

U.S. Attorney for South Carolina Bill Nettles said today his office has filed an information charging Yvondia "Susan" Young, 57, with bank fraud. The document alleges that from August 2007 to February 2013, Young embezzled money from Heritage Trust Federal Credit Union, by issuing official credit union checks to make payments on her credit card bills, he said.
 
At the time, Young was manager of card services for the credit union, according to court documents.
In federal court, an information filing is similar to an indictment, in that it spells out the facts and elements of a criminal offense. It's typically used in cases where a defendant waives indictment by grand jury.
 
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Read the whole story here.

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