December 6, 2019
LANSING — A former teller at Michigan First Credit Union has been charged with two counts of Embezzlement from a Financial Institution – a 20-year felony – for allegedly withdrawing a total of $24,000 from the account of a 92-year-old customer.
Stephanie Joyce-Bennett Beauford, 52, of Redford was arraigned in Wayne County 36th District Court last month following an investigation by the Department of Insurance and Financial Services (DIFS) and the Department of Attorney General's Financial Crimes Division.
Beauford had been a teller at Michigan First Credit Union since 2005. Michigan First terminated her employment following an interview in which she admitted withdrawing the funds from the account of an elderly customer, who was hospitalized at the time.
"Our office will continue to prosecute those who prey on Michigan's most vulnerable," said Nessel. "I am grateful for the diligent work of our investigators and prosecutors as we identify elder abuse – in this case financial abuse – and bring those abusers to justice."
More on Michimich.com
- Michigan: MSHDA Board establishes $2M modular home program, announces nearly $150M in rental housing bond sales and approves pursuit of Mobility Voucher Demonstration program
- Michigan: M-24 project in northern Oakland County expected to be complete in early December
- Michigan: MDARD podcast series sheds light on hemp exports, invasive species, more
- Michigan: AG Nessel Files Brief in Support of States' Authority to Regulate Price-gouging
- 6-Year Old First-Time Author Kai Mahalyn Tampol
The alleged embezzlement was referred to the Michigan Attorney General by the state Department of Insurance and Financial Services (DIFS) in early 2018. The issue came to DIFS' attention following a complaint submitted by the victim's family. DIFS' examination discovered irregularities and referred the case to the Attorney General for criminal prosecution.
"This year, the DIFS' Fraud Investigation Unit was codified in law to investigate fraudulent and criminal activities in the financial and insurance markets," said DIFS Director Anita Fox. "Investigating consumer complaints and stopping fraud is a high priority for DIFS. This case is another example of the great partnership between DIFS and Attorney General Dana Nessel to protect Michigan consumers."
Beauford is scheduled for a Preliminary Examination Tuesday, December 10, 2019 in front of Judge Kenyetta Jones of the Wayne County 36th District Court.
Anyone who suspects elder abuse of any kind is encouraged to report it to the Attorney General's Elder Abuse tip line at mi.gov/elderabuse or 800-242-2873.
A criminal charge is merely an allegation; the defendant is presumed innocent until proven guilty.
Latest on Michimich.com
- Michigan: I-75 concrete repairs north of Mackinac Bridge start Sept. 28
- Michigan: I-75 weigh station project in Mackinac County starts Sept. 28
- Study shows the state of hotel cleanliness in Europe. Which countries are best for booking hotels that are clean?
- BorgWarner Supply Chain Manager Kelly Zhu Receives Women in Manufacturing STEP Ahead Award
- Kupper Mounts Vacuum-Powered, Suction Cup Bike Racks Now for Sale Now through Shopify & KupperMounts.com for Customers Living in the United States
- Michigan: Notification of Medical Marijuana Product Recall
- Michigan: Virtual Job Fair in October Addresses Shortage of Direct Care Workers During COVID-19
- Michigan: MRA's Social Equity Program Announces Second Business Resource Workshop, Featuring Cannas Capital
- Michigan: MPSC rejects Consumers Energy request to charge customers for natural gas replacement costs related to Ray compressor station fire
- Michigan: AG Nessel, EGLE File Lawsuit Against Slater Farms Entities for Polluting Public Waterways with Animal Waste
- Michigan: AG Nessel Announces $60M Multistate Settlement with Surgical Mesh Provider CR Bard
- New live video network for students enhances college social life and campus entertainment
- Mom-Oriented UX Design Coaching Program Offers Newest Opportunity for Success from You Are TechY
- TLC Cleaning owner Trisha Lake expands to open company's 3rd location
- Soldiers Sentry Shows the world love with new video
- Michigan: MPSC seeks recommendations for updated integrated resource planning to consider Gov. Whitmer's goals to reduce emissions
- Absentee ballots mailed today, early voting begins in Michigan
- Michigan: Drivers risk tickets after license, vehicle registration extension expires Sept. 30
- Michigan: I-75 lane shift requires northbound single-lane closures in Oakland County
- Michigan: AG Nessel Joins Coalition Supporting Federal Court Order Shutting Down Dakota Access Pipeline