Embezzlement charges for CU manager & head teller
A former manager and head teller allegedly embezzled nearly half of a credit union’s total assets, according to documents filed last month in U.S. District Court in Cleveland.
Gwendolyn Dubose, 64, and Kolade Awoyade, 48, were charged with one felony count of embezzlement and one felony count of making false entries in credit union reports and records.
They allegedly stole $191,978 from the $412,775 Greater Abyssinia Federal Credit Union between 2012 and 2015, which was chartered in 1959 to serve members of the Greater Abyssina Baptist Church in Cleveland.
The NCUA liquidated the 425-member credit union in December 2015 after determining it was insolvent.
continue reading »
