Former Credit Union Manager Pleads Guilty to Embezzlement
| U.S. Attorney’s Office March 11, 2010 |
CINCINNATI—Ann Bryson, 63, of Cincinnati, pleaded guilty in United States District Court here today to one count of bank embezzlement for defrauding Good Samaritan Employees Credit Union, where she was the manager between 1998 and 2005.
Carter M. Stewart, United States Attorney for the Southern District of Ohio, and Keith L. Bennett, Special Agent in Charge, Federal Bureau of Investigation (FBI), announced the plea entered today before Senior United States District Judge Herman J. Weber.
According to a statement of facts filed with the plea agreement, Bryson wrote credit union checks and money orders to pay for $245,432.66 of personal expenses between 1998 and 2005. Bryson admitted using several methods of manipulating records in the credit union’s ledgers in order to try and evade detection.
The credit union was placed into liquidation in November 2005 due to insolvency.
Judge Weber scheduled a sentencing hearing for Bryson on July 1, 2010 at 10 a.m.
Bank embezzlement is punishable by up to 30 years' imprisonment, a fine of up to $1 million and restitution.
Stewart commended the FBI agents who investigated the case, and Assistant U.S. Attorney Anne Porter, who is prosecuting the case.