Former Loan Officer Allegedly Steals $17,000 From Her Grandfather’s Account
Police say Isis Pinkston admitted to the embezzlement after her grandfather reported he never got his bank statements.
A former teller and loan officer allegedly stole $17,000 from her grandfather’s account at the $10.1 million CN/IC Employees Credit Union in Memphis, Tenn.
Memphis police investigators said Isis Pinkston, 29, allegedly began stealing funds from her grandfather’s account starting in mid-November 2022. Pinkston then allegedly transferred that money into her account. The theft continued through mid-February, police said.
Sandra Griffis, the credit union’s president/CEO, reported to police that Pinkston’s grandfather called the credit union earlier this year because he never received his bank statements for November and December.
Griffis told police investigators that Pinkston would log into the assistant manager’s account and authorize the transactions without the assistant manager’s consent or knowledge. She made 12 unauthorized transactions. The CEO showed police investigators the dates and times Pinkston allegedly transferred her grandfather’s money into her account.
Pinkston wrote a statement admitting to embezzling the money, police said.
“It was very shocking to us that this happened,” Griffis said. “We never had anything like this happen before.”
She did not know why Pinkston stole the funds.
The grandfather’s account has been made whole and the credit union’s insurance claim has been paid, Griffis said.
An audit conducted after Pinkston was fired determined no other member accounts had been affected by this incident.
Pinkston has been charged with theft of property, according to a local media report.