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Credit Union Manager charged after embezzling $340,000, lighting safe on fire to hide crime

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BELLE VERNON, Pa. — A Belle Vernon resident has been indicted by a federal grand jury in Pittsburgh on charges of embezzlement, wire fraud, and use of fire to commit a felony after she took money from a local credit union and set the safe on fire to cover the evidence.

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Patty Lynn Mavrakis, 63, was a Branch Manager for Valley 1st Community Federal Credit Union and, in September 2016, she allegedly embezzled $340,200 from the credit union.

To hide her crime, she started a fire in the credit union’s safe, claiming that the fire destroyed the missing money.

In the days following the fire, she made an insurance claim on behalf of the credit union for the money, court records stated.

Mavrakis faces a maximum of 60 years in prison, a fine of $1.5 million or both. The government has requested $50,000 bond for Mavrakis.

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