Former credit union manager accused of fraud - WAOW - Newsline 9, Wausau News, Weather, Sports

Former credit union manager accused of fraud


MADISON, Wis. (AP) -- A former credit union branch manager is accused of falsifying loans to family members for more than $36,000, then using the money herself.

Thirty-two-year-old Jacqueline Smith, of Oregon, was charged Tuesday with fraud in Dane County.

The Dane County Credit Union reported the alleged thefts to police in April 2010.

According to a criminal complaint obtained by the Wisconsin State Journal, her relatives told authorities they knew nothing about the loans taken out between 2008 and 2010.

The complaint quotes Smith telling town of Madison police that she had gotten too far in debt, was working two jobs while her husband was in school and had credit cards that she was having a hard time paying off.

Smith is scheduled to appear in court on Thursday.


The Wisconsin State Journal story can be found at:


Information from: Wisconsin State Journal,

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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