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A 24-year-old former manager of a Scottsburg credit union was arrested Friday, Sept. 27, on charges of five counts each of defrauding a financial institution and theft.
Renea D. White of Scottsburg surrendered to authorities Friday morning. The arrest came following a seven-month investigation, according to Indiana State Police Trooper Tim Denby.
During the investigation, Denby said that while White was employed as the manager at the Centra Credit Union in Scottsburg,
she allegedly ran multiple schemes to take of $63,000.
Denby alleged White took money from the teller drawer and manipulated customer accounts from Jan. 2, 2012 through Jan. 18, 2013.
Denby reported that Centra Credit Union has made restitution on all effected customer accounts.
A maximum sentencing would place White in prison for 65 years.
White was originally held at the Scott County Jail under a $50,000 bond, which was later reduced to $35,000.
After posting a $3,500 cash bond, White was been released from jail.