The former manager of a credit union and a bank accused of embezzling more than $250,000 is facing criminal charges in two Pennsylvania courtrooms – in two separate cases.
Tiffany Kay Look, 39, is accused of stealing more than $135,000 from the $2.5 billion Members 1st FCU in Mechanicsburg, Penn., earlier this year and $115,000 from Mid Penn Bank in 2010, according to court documents.
Look is accused of taking out fraudulent loans and stealing from accounts, including from a dead woman's estate. She joins a growing list of credit union managers accused of dipping into credit union coffers for personal expenses.
Look, who was manager at Members 1st FCU's branch on Market Street in Camp Hill, Penn., waived a preliminary hearing Dec. 11 in Cumberland County Court on the credit union case.
Her arraignment on those charges is Feb. 20.
She is scheduled for a preliminary hearing Dec. 18 in Dauphin County Court on the bank case.
Lowe, who remains free with a $50,000 unsecured bail in each case, is charged with more than 20 counts of theft by deception, forgery, access device fraud and identity theft, according to police reports.
Charges were filed against Look last month after an investigation uncovered she had allegedly stolen $136,160 from the credit union, police said.
The continuing investigation uncovered a trail of deceit tracing back to her previous employment at Mid Penn Bank in Swatara Township, where she allegedly took out two fraudulent loans in 2010, totaling $115,000, police said.
She was arrested Dec. 1 on her second set of fraud charges, police said.
Although she initially denied taking out the loans, Look later confessed to police that some of the missing funds were spent at casinos, said court documents.
Look also represented the credit union as a member of the board of Leadership Cumberland, a non-profit business development agency in Camp Hill, Penn., according to the organization's website.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
