Former Credit Union Manager Sentenced for Stealing More than $500,000
Springfield – Attorney General Kwame Raoul announced today that an Indiana woman prosecuted by the Attorney General’s office pleaded guilty and was sentenced to five years in prison and ordered to pay $510,000 in restitution for stealing cash from the vault of a credit union where she was employed.
Laurie Allen, 55, of Perrysville, Indiana, was sentenced today by Vermilion County Circuit Court Judge Derek J. Girton after pleading guilty to one count of financial institution fraud, a Class 1 felony. Allen was immediately taken into custody to begin serving her five-year sentence.
“The defendant stole more than $500,000 from a credit union where customers – likely her acquaintances and neighbors – deposited their hard-earned money believing it was safe,” Raoul said. “Individuals who steal from their employers and their communities for their own personal financial gain must be held accountable.”
According to Raoul, between January 2014 and December 2020, Allen stole more than $500,000 in cash from the vault of Vibrant Credit Union – previously known as First Illinois Credit Union – where she was employed as a branch manager. Raoul alleged in court that Allen stole the cash on multiple occasions and would take it home for her personal use.
Raoul’s office prosecuted the case after a referral from the Vermilion County State’s Attorney’s office.
Assistant Attorney General Samantha Cain prosecuted the case for Raoul’s Special Prosecutions Bureau.