Search This Blog

Wednesday, June 16, 2010

Helena, Montana man pleads guilty to embezzlement

A 34-year-old Helena man has pleaded guilty to embezzling nearly $77,000 from the credit union where he had worked as a loan officer for five years. Ben A. Diveley entered his plea to credit union embezzlement, money laundering and identity theft during his arraignment Tuesday before U.S. Magistrate Judge Jeremiah C. Lynch in Missoula. Sentencing is set for Sept. 24.
Prosecutors say while working at Helena Community Credit Union, Diveley took out loans totaling $75,000 using made up borrower names and guaranteed with a customer's certificate of deposit, without that customer's permission. Diveley says he used the money to pay off bills he ran up through overspending, including nearly $32,000 to Bank of America.
The investigation into Diveley began on April 29.

No comments:

Post a Comment