A former employee of the $65 million Allentown Federal CreditUnion was indicted last month for allegedly stealing more than$640,000 from member accounts through fake fees and wiretransfers.
|Federal prosecutors charged Julie Ann Turk, 46, of WashingtonTownship, Pa., with bank fraud, embezzlement and moneylaundering.
|According to the indictment, Turk held several positions,including teller, Master Card coordinator, teller supervisor andgeneral ledger coordinator, at the Pennsylvania credit union, whichgave her access to AFCU's general ledger accounts and memberaccounts.
|From January 2009 to April 2016, Turk allegedly createdfraudulent credit union fees, debited the fake fees from AFCU'sgeneral ledger account and credited the phony fees to her personalcredit union account, prosecutors alleged.
|What's more, Turk allegedly made $78,000 in wire transfers fromAFCU's general ledger account to a member's account who was onlyidentified by the initials L.Z. From this member's account,$59,695 was moved into an account controlled by Turk over threeyears, according to the indictment.
|Court documents do not indicate how Turk's fraud wasdiscovered.
|AFCU President/CEO Barry Weiner declined to comment Mondaybecause the incident remains under investigation. The credit unionis well-capitalized with a net worth of 11.93%, according to itsSeptember Call Report.
|Turk's attorney did not return a message seeking comment.
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