LIHU‘E — A 31 year-old female Kapa’a resident was arrested on federal charges of embezzlement from a credit union.
A Federal Grand Jury indictment claims Kerry K. Higashi, a former employee of the Kaua‘i Teachers Federal Credit Union, embezzled approximately $24,721 from two customer accounts from October 2009 through May 2011.
According to Robert Allan Jones, an Acting Special Agent-in-Charge of the Honolulu Office of the FBI, Higashi was arrested Thursday on Kaua‘i after failing to appear in court following acceptance of a criminal summons. The arrested was made without incident by special agents with assistance from the Kaua‘i Police Department.
Higashi was transported to Honolulu to make her initial appearance in U.S. District Court, according to Jones.
The statutory maximum penalty for embezzlement from a federal credit union is 30 years in prison and a $1 million fine.