Jade Carnahan took $400k from credit union that employed her

A Scappoose woman convicted of bank larceny was sentenced in federal court Monday, Sept. 23, to 18 months in prison.

Jade Carnahan, 35, was also ordered to pay more than $408,000 in restitution for the money she was convicted of embezzling from Rivergate Federal Credit Union in north Portland between 2005 and 2012.

Carnahan worked at the credit union as operations officer, during which time she took money from the bank vault as well as customer accounts for personal use, prosecutors said. She blamed an addiction to painkillers for her actions.

United States District Court Judge Marco A. Hernandez also ordered Carnahan to serve three years’ supervised release after she serves her prison time.

U.S. Attorney Amanda Marshall, commenting on the case in a statement Monday, said, “Customers depend on the employees of their local credit unions to guard their money, not steal it.” She said crimes such as bank larceny “have a lasting effect on the trust we place in our financial institutions.”

“Drug abuse helps to drive crimes of opportunity,” added Gregory Fowler, special agent in charge of the Federal Bureau of Investigation in Oregon, in the news release from Marshall’s office. “In this case, the defendant was in a position of trust to guard her bank’s funds and those of its customers. She broke that trust, using her access as a bank employee to feed a drug habit.”

Contract Publishing

Go to top
Template by JoomlaShine