AURORA, Ill. --Former Aurora Firefighters CU President Anne Schaal admitted in her divorce settlement that she spent $580,000 in marital assets on a gambling addiction she hid from her husband of 46 years.
Schaal, 66, who served as credit union’s president from 1996 to 2011, made the admission in July as her marriage ended and other legal trouble loomed, including a civil suit brought by the credit union over alleged stolen funds and criminal charges filed by the state. Schaal’s husband filed for divorce in May.
State prosecutors charge that Schaal embezzled funds to help pay for her gambling addiction.
Schaal’s legal issues began in April when the $2 million credit union accused her of posting phantom payments to a general and personal credit union accounts, taking cash and using the credit union’s credit card for personal expenses, among other things, the lawsuit states. Additionally, she failed to make a required tax filing on the credit union’s behalf, which cost the credit union around $13,400, and made an error related to member credit cards that required the credit union to refund money to some members, the suit alleges.
The lawsuit was in court for a brief hearing on Thursday. Neither Schaal, who has denied the suit’s allegations, nor her attorney was in court.
According to court records, a gambling addiction led her to steal from the credit union as well as lose some $580,000 that belonged to her and her husband.
According to her divorce agreement, filed with the state’s probate court, Schaal’s ex-husband gets to keep their Sugar Grove home and he will provide her with $60,062 to help pay for legal fees in upcoming civil and criminal cases.