Former Employee At Allentown Federal Credit Unit Indicted On Embezzlement, Bank Fraud Charges

Acting U.S. Attorney Louis D. Lappen announced Friday a Pennsylvania woman was charged with one count of bank embezzlement, one count of bank fraud and three counts of money laundering.

PrisonForty-six-year-old Julie Ann Turk of Slatington was employed at the Allentown Federal Credit Union between January 2009 and April 2016. During this time, Turk defrauded the credit union and its customers out of about $641,637, according to the indictment unsealed this week in the Eastern District of Pennsylvania.

Turn also conducted cash transactions with the proceeds in amounts greater than $10,000. She faces a 90-year prison sentence and $2,500,000 fine, if found guilty.

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