HARRISBURG, Pa. — A Red Lion woman is charged with embezzling from the credit union she managed and evading federal income taxes. According to U.S. Attorney Peter Smith, Sherry Garner, 53, embezzled $252,106 from the credit union between 2010 and 2013 and failed to report $70,983 in stolen income on her federal income tax return for 2011, thereby evading $19,069 in federal income taxes.
In a plea agreement filed with the Information, Garner also admitted that the total tax loss of $62,704 on her unreported income. Garner has agreed to make restitution to both the credit union and the IRS as ordered by the Court.
Garner is the former Chief Executive Officer-Manager of the HD York Federal Credit Union in York, Pennsylvania. No date has yet been scheduled for Garner’s arraignment on the charges. The charges in the Information carry an aggregate maximum term of 15 years imprisonment and $350,000 fine.
HD York Federal Credit Union merged with White Rose Credit Union on May 30, 2014.
