Former Alton Credit Union Vice-President Sentenced for Defrauding Credit Union
Kalicza Tegel-Mills, 26, of Plainview, IL, was sentenced in federal court for financial institution fraud, the United States Attorney for the Southern District of Illinois, Stephen R. Wigginton, announced today. Tegel-Mills was charged by indictment on September 20, 2011 and plead guilty to the charge on November 30, 2011. Tegel-Mills received 8 months’ imprisonment, 8 months’ home confinement, and was ordered to pay restitution in the amount of $72,010; $62,842 of that amount was paid at sentencing. Tegel-Mills was employed by the Alton Employees Federal Credit Union from 2006 to 2010. During that time, Tegel-Mills held various positions including Vice-President of Operations, Loan Officer, Member Service Representative, and Teller Supervisor. Tegel-Mills defrauded the credit union by increasing personal loan amounts without supervisory approval and without completing proper loan papers. Tegel-Mills also made a wire transfer of credit union funds to purchase a truck for which no loan was put on the books of the bank nor were payments made to the credit union, and posted payments to Visa credit card accounts for her and her husband where corresponding debits were not made to her account.
The investigation was conducted by the United States Secret Service. The prosecution of the case was handled by Assistant United States Attorney Norman R. Smith.
If you suspect or know of an individual or company that is engaging in criminal activity or fraud, you may report this activity by contacting local law enforcement authorities or to the Financial Fraud Enforcement Task Force at WWW.STOPFRAUD.GOV .