Employee Charged In $500,000 CU Embezzlement

LUBBOCK, Texas – A former employee at West Tex FCU on Tuesday was indicted for the theft of as much as $500,000 from the credit union.

Processing Content

Armelinda Castillo, 27, who also goes by Irma, was a former assistant accountant at the credit union’s branch.

Castillo allegedly stole the money over a three-year period before her actions were discovered.

Credit union officials say they alerted authorities as soon as they were aware it was happening.

 


For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER
Load More