Bad Day For Utah CU CEOs

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SALT LAKE CITY - (02/10/06) – Two credit union presidentswere charged with fraud and embezzlement in two different cases inindictments handed down by a federal grand jury Wednesday. DouglasGurr, 52, former president of Chevron West CU, was charged withstealing almost $200,000 after adding unearned overtime wages tohis personal payroll checks. The funds were apparently depositedinto his and family members’ accounts at the credit union.Separately, Linda Carson, 42, former president of Grantsville CU,is charged with embezzling more than $125,000 by creatingfictitious accounts and loans at the credit union, thentransferring the money to her own and family members’accounts.

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