(Undated) -- A western Iowa woman has pleaded guilty to embezzling from the credit union she ran. Sixty-eight-year-old Janine Keim of Denison had been accused of falsifying financial records, that ultimately led to the Consumers Credit Union's failure. She faces up to 30-years in prison and a one million dollar fine. She also faces five years of supervised release after any term of imprisonment.
The US Attorney for the Northern District of Iowa says Keim was CEO of Consumers Credit Union (CCU). She pleaded guilty on May 24, 2021, in federal court in Sioux City, and was convicted of making false statements to auditors of the National Credit Union Administration (NCUA).
Keim admitted falsifying documents to hide the embezzlement of money from CCU in Denison, Iowa.
In October 2020, Keim’s sister, Brenda Jensen, pled guilty to embezzling from CCU.
Sentencing before United States District Court Chief Judge Leonard T. Strand will be set after a presentence report is prepared.
The case is being prosecuted by Assistant United States Attorney Ron Timmons and was investigated by the Federal Bureau of Investigation.
(Photo from Getty Images)