August 12 2025

Escheater Cheater: Former Credit Union VP Accused in 18-Year Embezzlement Scheme

Escheater Cheater: Former Credit Union VP Accused in 18-Year Embezzlement Scheme

Cheryl Vickers, a retired vice president, from Houston Police Federal Credit Union has been charged with embezzling $1.2 million over a period of 18 years. Vickers, who was in charge of accounting and IT, had outstanding checks reissued to herself rather than escheating the funds to the state. Vickers had pled not guilty to the charge. [12/21/15]