DENISON, Iowa (AP) - The former manager of a Denison credit union has pleaded not guilty to allegations that she and at least one other employee embezzled nearly $1.5 million from the business.
Janine Keim entered her plea Wednesday in federal court in Sioux City to charges of embezzlement and making false statements, The Sioux City Journal reported.
Prosecutors allege she helped embezzle or misapply $1.48 million from Consumers Credit Union in Denison, which is now Cobalt Credit Union. The embezzlement allegedly occurred between May 2012 and March 2018.
Keim also is accused of filing false reports to conceal the amount of missing money.
The credit union’s former head teller, Brenda Jensen, 53, of Denison, is awaiting sentencing after pleading guilty in October in federal court to embezzlement.
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