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A former branch manager will be arraigned Sept. 1 on allegations that she started a fire in a safe of a Pennsylvania credit union branch to cover up her theft of more than $300,000 and then defrauded CUNA Mutual Group to pay an insurance claim for the stolen funds.

On Sept. 6, 2016, Patty Lynn Mavrakis, 63, of Belle Vernon, allegedly started a fire in the safe of the $94.9 million Valley 1st Community Federal Credit Union in Monessen, Penn., and falsely claimed to her supervisor that an electrical wire on the safe’s alarm sparked a fire, which destroyed the funds. The next day, according to court documents, Mavrakis filed an initial claim with CUNA Mutual Group, and on Sept. 17, completed and faxed a proof of loss form, signed by her and notarized, that the fire caused the loss of $340,200.

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Peter Strozniak

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