PRYOR, Okla. – Mayes County FCU filed suit in state court claiming a former manager embezzled almost $1.7 million by creating phony deposits in the names of her family members.
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The alleged fraud helped push the $24.5 million credit union into the red to the tune of $540,000 last year, and $620,000 in 2006.
The suit alleges Cynthia Harris created fictitious deposits in the names of her family members, all of whom are named as co-defendants, where the money was later withdrawn.
The suit claims Harris prepared false ledgers to hide the embezzlement.
