A former manager of an Ames Credit Union is in jail, charged with embezzling over a quarter of a million dollars.
Henry Hill of Pleasant Hill has been charged with first-degree fraudulent practice and first-degree theft.
After an investigation and audit, it was found that accounts at the Greater Iowa Credit Union were short $430,866.
According to the complaint, Hill would sign off on the monthly audit sheet stating the correct number was in the vault. Although two signatures were required for the audit, he continuously ”(told) a subordinate to sign the audit because he had already counted it.”