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OREM -- A computer consultant is accused of bank fraud for allegedly programming himself $1 million in extra deposits from Family First Credit Union in Orem.
According to the Daily Herald, a federal grand jury indicted Zeldon Thomas Morris, 42, on one count of bank fraud, and he was arrested on Wednesday.
The FBI says he was hired to help the credit union with computer upgrades from June 13, 2008, through mid-January. Instead, they claim he used the passwords to create accounts and transfer money to himself.
They say he remodeled his home and paid for two cars with the money.
Morris now is in the Utah County jail. He could face a potential maximum sentence of 30 years in prison and a $1 million fine.
The Herald says Morris is co-owner of Lee & Morris Enterprises LLC. He was investigated after a business partner saw something suspicious and reported it.
E-mail: mrichards@ksl.com
