PARSONS, Kan.–A former credit union manager has been sentenced to five years in federal prison and ordered to pay more than $10 million in restitution related to crimes committed while leading the organization.
Nita Rae Nirschl, 66, pleaded guilty to one count of embezzlement, one count of money laundering and one count of attempted tax evasion, according to Jim Cross, public information officer for the U.S. Attorney’s Office in Kansas.
In her plea, Nirschl admitted the crimes occurred while she was an officer and employee at Parsons Pittsburgh Credit Union, which has its headquarters in Parsons.
According to Cross, Nirschl withdrew money from the assets of the credit union and deposited it into accounts she controlled, using the stolen money to buy a car, a house and other items. She sought to launder the money by withdrawing the cash from ATMs at casinos in Missouri, Oklahoma, Louisiana and Nevada, according to the indictment.