Authorities investigating $10 million embezzlement

WICHITA, Kansas (AP) – The investigation into $10 million in missing deposits from the former Parsons-Pittsburg Credit Union has focused on a fired employee believed to have gambled with the credit union’s money.

Documents filed last week in federal court reveal the magnitude of losses that led the Kansas Department of Credit Unions in January to place the credit union into conservatorship. Golden Plains Credit Union of Garden City assumed its operations in March.

An FBI affidavit says the majority of the missing deposits were diverted from credit union accounts to accounts controlled by the suspect. According to the affidavit, records showed the suspect spent more than $190,000 at casinos in Oklahoma and Missouri between mid-January and early March.

The Associated Press is not identifying the ex-worker because no criminal charges have been filed. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language, racial slurs or consistent name calling will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

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