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A June jury trial is set for Nita Rae Nirschl a former president/CEO who was charged with embezzling more than $5 million from $13.3 million Parsons Pittsburg Credit Union that led to its insolvency.

During an April 12 hearing in U.S. District Court in Wichita, Kan., the 64-year-old former executive was arraigned on an 81-count indictment including 22 counts of embezzlement, 37 counts of money laundering, 18 counts of interstate transportation of stolen property and four counts of attempting to evade taxes.

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Peter Strozniak

Credit Union Times

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