June jury trial set for accused credit union CEO embezzler

A June jury trial is set for Nita Rae Nirschl a former president/CEO who was charged with embezzling more than $5 million from $13.3 million Parsons Pittsburg Credit Union that led to its insolvency.

During an April 12 hearing in U.S. District Court in Wichita, Kan., the 64-year-old former executive was arraigned on an 81-count indictment including 22 counts of embezzlement, 37 counts of money laundering, 18 counts of interstate transportation of stolen property and four counts of attempting to evade taxes.

Nirschl did not enter a plea, according to court documents. Her trial is scheduled for June 20.

Federal prosecutors charged that she embezzled more than $5 million from the credit union over four years.

The indictment alleged Nirschl deposited stolen funds into her personal accounts. She also allegedly withdrew the funds from ATMs at casinos at Missouri, Oklahoma, New Orleans and Lake Tahoe.


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