IOWA CITY – A member of University of Iowa Community CU was charged with second-degree theft that resulted in fraudulent checks deposited at a credit union ATM.

Morgan Machholz, 20, llegedly visited the credit union on Aug. 6 where she opened a new checking account. On Aug. 23, she made three empty envelope deposits totaling $6,500 at the ATM and subsequent withdrawals through the account.

After the fraudulent deposits, Machholz withdrew $3,900 in cash, according to the charges. She is seen on video surveillance and has been identified as the account holder and the person completing the deposits.


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