Couple Charged With Embezzling $200,000 From Ohio Credit Union

WARRENSVILLE HEIGHTS, OH — Two people have been charged with embezzling nearly $200,000 from a Cleveland credit union. The couple were the manager and head teller at the credit union, according to U.S. Attorney Justin Herdman.

Gwendolyn Dubose, 64, and Kolade Awoyade, 48, were both working at the Greater Abyssinia Federal Credit Union between 2012 and 2015. Dubose was the manager and treasurer, Awoyade the head teller. Law enforcement says the two worked together to embezzle approximately $191,978 from the now-closed credit union.

The duo made fake deposits and transfers into nine different bank accounts, which they controlled, according to information provided by Herdman. When GAFCU attempted to merge with another credit union in late November 2015, numerous unaccounted-for-transactions were discovered.

At that point, Dubose and Awoyade were placed on administrative leave. The merger then failed and GAFCU was closed.

The case against Dubose and Awoyade was led by the FBI.

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