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SALT LAKE CITY (AP) -- In separate cases, the presidents of two credit unions have been accused of embezzling.
Linda M. Carson, 42, of Tooele, who was president of the Grantsville Federal Credit Union, was indicted by a federal grand jury on Wednesday. She was accused of taking nearly $131,780 between October 2004 and last April.
The indictment alleged she created fictitious loan and credit union accounts, transferred credit union funds to her personal credit union account and the accounts of family members and friends.
It also said she approved a loan and loan increases without proper authorization.
Douglas G. Gurr, 52, of Salt Lake City also was indicted Wednesday. Gurr, who was president of the Chevron West Credit Union in Salt Lake City, was accused of taking nearly $167,553 between 1996 and 2004.
The indictment alleged he added unearned overtime to his pay checks, deposited proceeds from credit union investments to his and family members' personal accounts, obtained unauthorized reimbursements for personal expenditures and deposited a fraudulent dividend check in his personal account.
Both are charged with embezzlement by a credit union officer or employee, which is punishable by a maximum 30 years in prison and a $1 million fine.
Neither could be reached for comment late Wednesday and after-hours calls to the credit unions were not immediately returned.
(Copyright 2006 by The Associated Press. All Rights Reserved.)
