How On Earth Could One Teller Embezzle $7 Million?

Published November 19, 2007, 1:00 a.m. EST

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Updated August 27, 2020, 1:32 a.m. EDT

1 Min Read

How on earth could one teller get away with stealing currency for so long that the embezzled funds totaled $7 million(CUJ, Nov.12)?

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The accused teller must have been a devilishly good liar for such fraud to escape detection by credit union management and the Supervisory Committee. Undoubtedly, the credit union management, supervisory committee and board have faced very painful scrutiny regarding their failure to stop this scandal sooner.

Ronald Bensley, SeaTac, Wash.

LETTERS TO THE EDITOR

Credit Union Journal encourages reader feedback. Letters to the Editor can be sent to Managing Editor Lisa Freeman at lfreeman cujournal.com. Letters can also be faxed to 561-832-2939 or submitted online at www.cujournal.com. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

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