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Iowa woman pleads guilty to credit union embezzling
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Iowa woman pleads guilty in $1 5 million embezzlement
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Iowa woman pleads guilty in $1.5 million embezzlement
May 24, 2021
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SIOUX CITY, Iowa (AP) The former manager of a Denison credit union pleaded guilty Monday for her role in an embezzlement that cost the institution nearly $1.5 million.
Janine Keim pleaded guilty to making false statements during a hearing in federal court.
Prosecutors alleged Keim and at least one other employee at the credit union embezzled or misapplied $1.48 million from Consumers Credit Union, now known as Cobalt Credit Union, from May 2012 through March 2018, The Sioux City Journal reported.
Keim filed false reports to auditors and administrators to conceal the missing money, according to court documents.
DENISON, Iowa (AP) The former manager of a northwest Iowa credit union has pleaded not guilty in a nearly $1.5 million embezzlement scheme.
Janine Keim is charged with embezzlement and making false statements. She entered her plea Wednesday in federal court in Sioux City.
Prosecutors say Keim and at least one other employee at Consumers Credit Union in Denison embezzled $1.48 million between May 2012 and March 2018. She also allegedly filed false reports to conceal the missing money.
The business is now called Cobalt Credit Union.
The credit union’s former head teller, Brenda Jensen, of Denison, is awaiting sentencing after pleading guilty in October to embezzlement.
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