Former credit union employee sentenced for fraud

February 17, 2016

A former employee of the St Catherine Co-operative Credit Union was sentenced to 30 days imprisonment for fraud.

He is Michael Bullock, 22, of Old Harbour, St Catherine.

When the matter came up before the Spanish Town Resident Magistrate's Court on Monday, Resident Magistrate Tara Reid-Carr told Bullock that he had committed a white-collar crime and so a custodial sentence was in order.

She told the accused that having pleaded guilty and repaying the money had put things in his favour.

He was sentenced to 12 months imprisonment for fraudulent conversion, suspended two years; 12 months for conspiracy, suspended for two years; and for falsification documents, he got 30 days' imprisonment.

SWINDLE MONEY

Allegations are that over a period of six month, Bullock, who was a teller, used fictitious means to swindle about $1 million from customers' accounts. He reportedly created debit cards and withdrew the funds.

After internal checks, the police were called in.

An investigation by Detective Constable Samuda Fagan resulted in fraud charges being brought against Bullock.

He had pleaded guilty on his first appearance and made restitution to the institution.

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