Parsons Woman Pleads Guilty To $5 Million Embezzlement
WICHITA, KAN. – A Parsons woman pleaded guilty Monday to embezzling $5 million from a credit union where she worked, U.S. Attorney Tom Beall said.
Nita Rae Nirschl, 66, Parsons, Kan., pleaded guilty to one count of embezzlement, one count of money laundering and one count of attempted tax evasion. In her plea, she admitted the crimes occurred while she was an officer and employee of Parsons Pittsburg Credit Union headquartered in Parsons, Kan. She withdrew money from the assets of the credit union and deposited the money into accounts she controlled. She used the stolen money to buy a car, a house and other items.
Sentencing is set for March 5, 2018. Both parties have agreed to recommend a sentence of five years in federal prison and an order of restitution.
Beall commended the FBI, the Internal Revenue Service and Assistant U.S. Attorney Lanny Welch for their work on the case.