A former Pennsylvania credit union assistant manager agreed to plead guilty this month to aiding bank fraud, and to cooperate with federal prosecutors to provide information concerning the unlawful activities of others.

Amanda Magda became the fourth of five defendants to plead guilty in a $45,000 fraud and conspiracy scheme at the $38 million Wilkes-Barre City Employees Federal Credit Union in Wilkes-Barre, Pa. In exchange for her guilty plea and cooperation, prosecutors dropped a fraud charge against Magda. Prosecutors also are expected to recommend a lighter sentence based on her cooperation. Court documents did not state whether Magda’s information would lead to additional indictments against other individuals. She signed her plea deal on May 6, but it was not filed in court until June 16.

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Credit Union Times

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