{"id":223570,"date":"2025-01-29T09:53:43","date_gmt":"2025-01-29T13:53:43","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=223570"},"modified":"2025-01-29T09:53:44","modified_gmt":"2025-01-29T13:53:44","slug":"kerry-walker-fined-12k-ordered-to-repay-nearly-49k-for-credit-union-fraud","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/kerry-walker-fined-12k-ordered-to-repay-nearly-49k-for-credit-union-fraud\/","title":{"rendered":"Kerry Walker Fined $12K, Ordered to Repay Nearly $49K for Credit Union Fraud"},"content":{"rendered":"
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SOURCE: THE DAILY OBSERVER: A<\/strong> former credit union worker has been ordered to pay $12,000 in fines and close to $49,000 in restitution she pleaded guilty to two counts of larceny involving the misappropriation of loan payments from credit union members.<\/p>

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Kerry Walker, who served as the delinquent loans officer at St John\u2019s Cooperative Credit Union (SJCCU), was ordered to pay $6,000 within 30 days for each count, with a default sentence of six months.<\/p>\n\n\n\n

She must also compensate her victims a total of $48,758.61, with one victim to receive $2,604.61 within six months and another to receive $46,154 within 12 months.<\/p>

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She misappropriated loan payments from two SJCCU members who trusted her to process their monthly instalments between 2018 and 2020.<\/p>

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Both victims had close personal connections to Walker\u2019s family. One victim was the teacher of one of Walker\u2019s daughters and godmother to another, while the second victim was a bus driver who was godfather to one of Walker\u2019s daughters.<\/p>\n\n\n\n

In the first case, the teacher applied for a $15,000 loan in July 2018, seeking Walker\u2019s assistance due to their personal connection. The victim made 17 monthly payments of $570 between September 2018 and March 2020, totalling $9,690.<\/p>

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The fraud came to light in January 2021 when the victim questioned the loan balance of $11,154.99 and Walker failed to produce receipts for the payments.<\/p>\n\n\n\n

READ MORE HERE: https:\/\/antiguaobserver.com\/former-credit-union-employee-fined-ordered-to-pay-compensation-for-pocketing-members-payments\/<\/a><\/p>

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SOURCE: THE DAILY OBSERVER: A former credit union worker has been ordered to pay $12,000 in fines and close to $49,000 in restitution she pleaded guilty to two counts of larceny involving the misappropriation of loan payments from credit union members. Kerry Walker, who served as the delinquent loans officer at St John\u2019s Cooperative Credit […]<\/p>\n","protected":false},"author":3,"featured_media":222795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-223570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nKerry Walker Fined $12K, Ordered to Repay Nearly $49K for Credit Union Fraud - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/kerry-walker-fined-12k-ordered-to-repay-nearly-49k-for-credit-union-fraud\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kerry Walker Fined $12K, Ordered to Repay Nearly $49K for Credit Union Fraud\" \/>\n<meta property=\"og:description\" content=\"SOURCE: THE DAILY OBSERVER: A former credit union worker has been ordered to pay $12,000 in fines and close to $49,000 in restitution she pleaded guilty to two counts of larceny involving the misappropriation of loan payments from credit union members. 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