Columbia woman pleads guilty to embezzling from credit union

8 months 3 weeks 1 day ago Thursday, April 27 2017 Apr 27, 2017 Thursday, April 27, 2017 6:12:00 PM CDT April 27, 2017 in News
By: Jacob Cavaiani, KOMU 8 Digital Producer

JEFFERSON CITY - A Columbia woman pleaded guilty Thursday in federal court to embezzling $231,600 from her employer, Shelter Insurance Federal Credit Union.

Debra L. Wenger, 62, waived her right to a grand jury and pleaded guilty charges she misappropriated funds, according to a news release from the U.S. Attorney's Office.

Wenger began working for Shelter Insurance Companies in 1972. In 1988, she transferred to Shelter Insurance Federal Credit Union, according to a news release. She worked as an administrative assistant, assumed all accounting responsibilities and served as a teller. 

An external auditor discovered the misappropriation of funds in February 2016. Auditors noted a discrepancy when comparing the general ledger teller cash to the cash balancing sheet, according to the release. 

Shortly after the discrepancy was discovered, Wenger met with Columbia police and confessed that she had misappropriated the funds in question, the release said. Wenger admitted she took cash from her teller drawer and deposited it into her personal bank account. 

An internal audit by the company found the total amount of misappropriated funds to be $231,600.

Wenger faces up to 30 years in federal prison without parole. According to the release, a sentencing hearing will be scheduled after a pre-sentence investigation.

 

More News

Grid
List
COLUMBIA - Deputies booked two men into the Boone County Jail on suspicion of various charges, including an apparent plan... More >>
3 hours ago Thursday, January 18 2018 Jan 18, 2018 Thursday, January 18, 2018 8:37:00 AM CST January 18, 2018 in News
SPRINGFIELD, Mo. (AP) — A Missouri Department of Corrections employee is charged with using a hidden camera to film... More >>
3 hours ago Thursday, January 18 2018 Jan 18, 2018 Thursday, January 18, 2018 8:14:00 AM CST January 18, 2018 in News
KANSAS CITY, Mo. (AP) — A northwest Missouri lawmaker has donated a kidney as part of a transplant chain to... More >>
3 hours ago Thursday, January 18 2018 Jan 18, 2018 Thursday, January 18, 2018 8:00:00 AM CST January 18, 2018 in News
JEFFERSON CITY (AP) — Missouri's unemployment rate has edged up slightly. Data released Wednesday by the state Department... More >>
16 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 7:26:31 PM CST January 17, 2018 in News
JEFFERSON CITY (AP) — Citing new testimony from a state school board member, a Springfield teacher is asking a... More >>
16 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 7:22:00 PM CST January 17, 2018 in News
JEFFERSON CITY (AP) — Professional hair braiders would face fewer regulations under a bill passed by the Missouri House.... More >>
16 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 7:15:17 PM CST January 17, 2018 in News
COLUMBIA - Some Special Olympics athletes are ready for prom after choosing their perfect dress from more than 100 that... More >>
16 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 7:04:00 PM CST January 17, 2018 in News
COLUMBIA - The next step in construction of a new middle school in Columbia is a public vote scheduled for... More >>
16 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 7:00:00 PM CST January 17, 2018 in News
JEFFERSON CITY - With the Jan. 19 deadline looming for Congress to pass a federal spending bill and keep the... More >>
17 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 6:46:00 PM CST January 17, 2018 in News
JEFFERSON CITY – Secretary of Education Betsy DeVos has signed off on Missouri's plans for implementing a new act that... More >>
18 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 5:17:00 PM CST January 17, 2018 in News
COLUMBIA - People who work at a Columbia shelter say more people would volunteer if they knew how gratifying it... More >>
19 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 4:55:00 PM CST January 17, 2018 in News
COLUMBIA - On Tuesday night, Columbia City Council approved a $12.3 million improvement to sections of Nifong and Forum Boulevard.... More >>
19 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 4:06:00 PM CST January 17, 2018 in News
JEFFERSON CITY - As many lawmakers have released statements regarding Gov. Eric Greitens admitting to an extramarital affair, they are... More >>
20 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 3:40:00 PM CST January 17, 2018 in News
JEFFERSON CITY - The state treasurer wants to spread the word that Missourians are now able to withdraw from a... More >>
20 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 3:32:00 PM CST January 17, 2018 in News
COLUMBIA — This winter season, people are battling the widespread flu alongside bitter cold temperatures. The Centers for Disease... More >>
20 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 3:00:00 PM CST January 17, 2018 in News
COLUMBIA – Walmart is now offering a product that destroys opioids before they can be abused, and it is offering... More >>
20 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 3:00:00 PM CST January 17, 2018 in News
COLUMBIA - A Centralia man was sent to the hospital with life-threatening injuries after a car crash in a Columbia... More >>
21 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 2:54:00 PM CST January 17, 2018 in News
COLUMBIA - With winter weather hitting mid-Missouri hard this past week, one store is doing its best to keep Missouri... More >>
21 hours ago Wednesday, January 17 2018 Jan 17, 2018 Wednesday, January 17, 2018 2:32:00 PM CST January 17, 2018 in News
Columbia, MO
Broken Clouds 31°
12pm 33°
1pm 36°
2pm 39°
3pm 39°

Select a station to view its upcoming schedule:

Coming Up Next

11:00a
Rachael Ray
12:00p
KOMU 8 News @ Noon
12:30p
Inside Edition
11:00a
Jerry Springer
12:00p
Jerry Springer
1:00p
Maury

Tonight's Schedule

7:00p
Superstore
7:30p
The Good Place
8:00p
Will & Grace
8:31p
Great News
9:00p
Chicago Fire
7:00p
Supernatural
8:00p
Arrow
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld