Member Guilty of Katrina Theft

A member of ASI FCU was convicted in federal court for stealing $14,000 from the credit union after its ATMs went offline in the aftermath of Hurricane Katrina.

Processing Content

Sehlita Grandpre, 32, kept tapping into the ATM after a storm-related computer glitch allowed members to withdraw unlimited funds from the credit union's ATM and make unlimited purchases with their debit cards.

As many as 10,000 of the credit union's members overdrew their accounts after the massive storm, as a result of the glitch. More than a dozen of the most egregious offenders have been charged with theft.


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