SAFE CU Employee Charged With Siphoning Elderly Members’ Accounts

SACRAMENTO, Calif. – A SAFE CU worker who is accused of swindling two seniors out of more than $50,000 was arrested this week, and authorities believe there may be more victims.

Processing Content

Daniel Lawrence, a former employee at the credit union, allegedly befriended and targeted two elderly members – an 86-year-old man and his 96-year-old sister-in-law. Officials say Lawrence stole more than $50,000 from the victims.

The credit union learned of the alleged crime when one of the victim’s family members noticed a discrepancy in an account. That is when credit union investigators dug deeper.

Once the investigation began unfolding, Lawrence resigned from his position at the credit union and got another job at U.S. Bank.

The victims got their money back in full, SAFE CU said.

 


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