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CU System
Two women charged in 2.4M fraud at defunct CU
CHARLESTON, W. Va. (8/5/10)--Two former employees have been charged for their alleged roles in defrauding a now-defunct credit union in Bluefield, W.Va. Rebecca Poe, 35, former assistant manager, and Pamela Mullins, 46, former teller, were charged with defrauding N&W Poca Division CU out of $2.4 million. A federal grand jury in Beckley, W.Va., returned an indictment against Poe, which alleges that she took money union from 2003 to August 2008. Poe allegedly made fake deposits into her account and the accounts of family members. She used the funds for personal expenses, said the indictment (Bluefield Daily Telegraph Aug 4). Mullins originally was named as an aider and abettor in the indictment but not as a defendant. On Tuesday, she was charged with fraud, and an information was filed alleging she engaged in conduct similar to Poe’s, the newspaper said. If convicted, each woman could face up to 30 years in prison, a $4.8 million fine and an order of restitution. The National Credit Union Administration liquidated N&W on Oct. 3, 2008. At the time of liquidation, the credit union had 1,194 members and $6 million in assets. N&W served employees of the Norfolk and Western Railway System in West Virginia and Virginia.


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