Glen Ullin Woman Sentenced for Embezzlement from Credit Union
| U.S. Attorney’s Office December 19, 2012 |
BISMARCK—U.S. Attorney Timothy Q. Purdon announced that on December 19, 2012, Georgia Schwartz, 59, of Glen Ullin, North Dakota, was sentenced by U.S. District Judge Patrick A. Conmy on a charge of embezzlement and misapplication from a credit union. Schwartz pleaded guilty to the charge on October 16, 2012.
Judge Conmy gave Schwartz credit for one day in custody, to be followed by three years of supervised release. Judge Conmy ordered the forfeiture of two homes owned by Schwartz and a $130,119.19 forfeiture judgment. In addition to the forfeiture, Judge Conmy also ordered Schwartz to pay restitution in the amount of $130,119.19 and to pay a $100 special assessment to the Crime Victim’s Fund.
Schwartz was an employee at the Glen Ullin Credit Union, now known as the Western Cooperative Credit Union. Beginning in 1987, Schwartz took money from credit union accounts without the knowledge of the account holders or the board of directors of the credit union. Schwartz continued to take money from accounts until sometime in 2009. Schwartz signed an affidavit on February 28, 2012, admitting she removed a total of $130,119.19 from credit union accounts.
The case was investigated by the Federal Bureau of Investigation.
Assistant U.S. Attorneys Clare Hochhalter and Nicholas Chase prosecuted the case.