KINGWOOD – A former WEPCO Federal Credit Union loan officer has been charged with embezzling $ 157,950.
Magistrate PL Grimm set bail at $ 15,000 for Nicole K. Moore, 37, of Elk Garden, who worked in the WEPCO office in Kingwood. Moore was released on bail.
According to a criminal complaint, the embezzlement occurred between November 29, 2017 and September 5.
Kingwood Police Officer Gina McNemar wrote in the criminal complaint that Moore allegedly said she took the money because she was being blackmailed by an ex-boyfriend.
Moore is said to have taken money from 60 different members by making cash advances on more than 81 different loans.
During this period, she allegedly made 198 transactions on members’ accounts without their knowledge.
Moore reportedly admitted to changing members’ bank statements from “paper to electronic, then turning off e-statement notifications, so members don’t notice a change in their main balance.”
On September 9, a customer called WEPCO to check her main balance and noticed it was higher than her previous check. The victim notified the credit union and WEPCO’s compliance officer began to investigate.
The compliance officer found 10 different cash advances on the woman’s account between December 17, 2018 and August 4, all of which appeared to have been completed by Moore.
On September 12, the president of the credit union called Preston County 911 and asked to speak to Kingwood Police. McNemar spoke to WEPCO officials on a conference call, in which they presented the results of their investigation and said they planned to fire Moore on September 14.
McNemar attended the WEPCO branch in Kingwood on September 14 and, after Moore’s employment terminated, read and spoke to Moore about his Miranda rights.
According to the complaint, “Moore didn’t know exactly how many loans she had handled, or how much money she had taken.”
Moore was reportedly videotaped on September 5 at the WEPCO ATM taking money from the ex-boyfriend’s mother’s account and putting it into her personal account. Prior to using the ATM, Moore had put $ 1,600 in the account, according to the complaint.
These are the last transactions she made before being fired.