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Pearland Woman Arrested For Million-Dollar Embezzlement Scam

Pearland Woman Arrested For Million-Dollar Embezzlement Scam

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by: PearlandDotCom Active Indicator LED Icon 8 Site Admin  OP 
~ 5 years ago   Dec 19, '18 10:45am  
 
An ex-employee of a federal credit union has been arrested and charged with embezzlement and making false entries into books and records.
 
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U.S. Attorney Ryan K. Patrick announced today that a federal grand jury has charged Susanna Guajardo, 42, of Pearland, in a five-count superseding indictment returned under seal Dec. 12, 2018. She was taken into custody earlier today, Wednesday, December 19, at which time the indictment was unsealed and she made her initial appearance before U.S. Magistrate Judge Frances Stacy.

Guajardo is alleged to have committed embezzlement of $1,154,876 and three counts of making false entries into the books and records of a federal credit union between 2010 and 2018.
 
Another ex-employee, Grace Garza, aka Grace Valencia, 48, of Pasadena, was also charged with embezzlement related to the scam. She was originally charged last month with two counts of embezzlement and was released on bond. She is expected to appear again in court on these charges in the near future.

If convicted of any of the charges, each faces up to 30 years in federal prison and a possible $1 million fine.

The FBI conducted the investigation and Assistant U.S. Attorney Belinda Beek is prosecuting the case.
 
www.justice.gov/usao -sdtx
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Islifefair Active Indicator LED Icon 5
~ 5 years ago   Dec 19, '18 10:52am  
Wow so crazy and why oh why???
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Stealth83 Active Indicator LED Icon 7
~ 5 years ago   Dec 19, '18 11:06am  
Removed By Request
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PHS1954 Active Indicator LED Icon 1
~ 5 years ago   Dec 19, '18 1:20pm  
How could she get away with it for so long? Don't they have audits?
Merry Christmas to her family. I hear some federal prisons aren't too bad, especially for women. But, really, given that she's a woman and a minority the odds are very high that she'll never see the inside of a prison cell at all. Maybe she'll have to do some "community service."
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Inb0913 Active Indicator LED Icon 6
~ 5 years ago   Dec 19, '18 1:49pm  
@PHS1954 : I don't think that because she is a minority's she will be spared of the punishment that she deserves. However I think that more people are involved
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Ronda Active Indicator LED Icon  New Member
~ 5 years ago   Dec 19, '18 5:57pm  
Which credit union was it? JSC?
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Islifefair Active Indicator LED Icon 5
~ 5 years ago   Dec 20, '18 1:20am  
How bad does it hurt the bank
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DanDan Active Indicator LED Icon
~ 5 years ago   Dec 20, '18 10:45am  
Wow...why did it take so long to discover?
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Marshalldillin63 Active Indicator LED Icon 6
~ 5 years ago   Dec 20, '18 12:20pm  
@DanDan : A lot of times it can takes years of investigating I think.
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Charlecb Active Indicator LED Icon  New Member
~ 5 years ago   Dec 20, '18 7:19pm  
@PearlandDotCom : Wow that's a lot of money
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paparam Active Indicator LED Icon  New Member
~ 5 years ago   Jan 26, '19 7:33am  
Clearly there is something drastically wrong with the credit unions processes. No checks and balance.
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