A former credit union teller supervisor was sentenced to three years in prison this week for stealing $200,000 from the $1.1 billion Greylock Federal Credit Union in Pittsfield, Mass, said Berkshire District Attorney David F. Capless.
Janine Shepard, 48, of Pittsfield pleaded guilty to one count of larceny and one count of making false entries into corporate records. She was sentenced Wednesday by Berkshire Superior Court Judge John Agostini.
Massachusetts state police detectives said Shepard stole the money and attempted to cover it up between Jan. 1, 2010 and Feb. 18, 2012.
The Berkshire Eagle newspaper reported that Shepard had been employed at Greylock FCU for 13 years, but she and another co-worker were fired shortly after the credit union discovered the criminal activity and reported it to police. The incident prompted the credit union to change its security procedures, according to the newspaper.
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Peter Strozniak
Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
