I looked to see if there was a thread on this already and I could not find one.
I am sorry if there is and I missed it.
I can't believe in this day and age with all the technology around thing's like this can still happen.
Theft Exceeds $1 Million at Disney Credit Union
(Orlando Sentinel) -- Credit union executives for about 60,000 Walt Disney Co. workers took two years to notice that one of their own swindled more than $1 million. Sharon Ann Streitsaid stole so often from the Vista Federal Credit Union -- at least 194 times -- she doesn't know how much she stole. The exact amount may never be known, but the former credit union supervisor admitted Monday during an unusual hearing in federal court in Orlando to taking at least $1,042,103.80. Unlike most suspects, Streit, 51, of Winter Garden, was never arrested and she left court after pleading guilty without posting bail. What made her case different was her close cooperation with FBI agents who have been investigating the missing money since its discovery in March 2000. Assistant U.S. Attorney Anita M. Cream handled the prosecution that allowed Streit to plead guilty to a single count of embezzling funds from a credit union. Streit worked for Vista from November 1996 until April 2000. According to her plea agreement, Streit was able to steal up to $250,000 at a time because she oversaw the daily deposits for the credit union's Orlando office without anyone checking her work. That's no longer possible. "We've definitely made some changes," Vista spokesman Jeff York said. "That's actually all been rectified now. It's handled by two separate departments, so that's our check and balance." Vista has been Disney's credit union since 1960 and has about $348 million in deposits. It is open to employees, their relatives and domestic partners. The thefts began in January 1998 when Streit started drawing money from the credit union's daily "floating fund" and depositing it into accounts of her relatives and friends. The daily float was money from checks and deposits that did not clear before the end of daily business. The amount Streit's friends and family received was not specified, but court records show more than 150 of the fraudulent deposits exceeded $800,000. The smallest of the thefts was $22.55. The largest, $250,000, went to the account of Streit's husband, Robert, according to court records. Streit faces a maximum of 30 years in prison but might serve as little as a few months less than five years under federal sentencing guidelines.
I am sorry if there is and I missed it.
I can't believe in this day and age with all the technology around thing's like this can still happen.
Theft Exceeds $1 Million at Disney Credit Union
(Orlando Sentinel) -- Credit union executives for about 60,000 Walt Disney Co. workers took two years to notice that one of their own swindled more than $1 million. Sharon Ann Streitsaid stole so often from the Vista Federal Credit Union -- at least 194 times -- she doesn't know how much she stole. The exact amount may never be known, but the former credit union supervisor admitted Monday during an unusual hearing in federal court in Orlando to taking at least $1,042,103.80. Unlike most suspects, Streit, 51, of Winter Garden, was never arrested and she left court after pleading guilty without posting bail. What made her case different was her close cooperation with FBI agents who have been investigating the missing money since its discovery in March 2000. Assistant U.S. Attorney Anita M. Cream handled the prosecution that allowed Streit to plead guilty to a single count of embezzling funds from a credit union. Streit worked for Vista from November 1996 until April 2000. According to her plea agreement, Streit was able to steal up to $250,000 at a time because she oversaw the daily deposits for the credit union's Orlando office without anyone checking her work. That's no longer possible. "We've definitely made some changes," Vista spokesman Jeff York said. "That's actually all been rectified now. It's handled by two separate departments, so that's our check and balance." Vista has been Disney's credit union since 1960 and has about $348 million in deposits. It is open to employees, their relatives and domestic partners. The thefts began in January 1998 when Streit started drawing money from the credit union's daily "floating fund" and depositing it into accounts of her relatives and friends. The daily float was money from checks and deposits that did not clear before the end of daily business. The amount Streit's friends and family received was not specified, but court records show more than 150 of the fraudulent deposits exceeded $800,000. The smallest of the thefts was $22.55. The largest, $250,000, went to the account of Streit's husband, Robert, according to court records. Streit faces a maximum of 30 years in prison but might serve as little as a few months less than five years under federal sentencing guidelines.
