€400k Stolen From A Cork Credit Union

By Sharron

May 12, 2017 at 9:11am


More than €400,000 has been stolen from member accounts in a Cork credit union.

Bosses at Synergy Credit Union, which is based in Fermoy, confirmed they had discovered “irregularities” during an internal review in September of last year. 

However, they added that all accounts had now been “replenished”, according to the Irish Examiner.

Gardaí and the Central Bank were informed and an independent investigation into the irregularities is also being carried out.

The credit union issued a statement to say “an individual” had accepted responsibility, and co-operated with the investigation.

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