GREENBELT, Md. – A former loan supervisor for Education Systems Employees FCU last week pleaded guilty to embezzling $171,000 from the credit union through an identity theft scheme.
Felicia Douglas, 42, told authorities she created phony checking and share accounts, loans, lines of credit, and credit card accounts in the names of at least five credit union members, without their knowledge, and manipulated the members’ existing LOC and credit card accounts to increase credit limits. Douglas used the accounts to obtain at least $171,000, which she used to pay her credit card bills and otherwise for her personal benefit.
She hid the scheme by using a portion of the funds to repay some of the loans, LOC, and credit card accounts; by backdating transactions and changing terms, such as due dates; and by altering mailing instructions on the accounts to prevent statements and notifications from being sent to the victim members.
She is scheduled to be sentenced in April.
