Credit union employee to be sentenced for loans offence

A woman will be sentenced next month for taking out loans for herself while working at Kingdom Credit Union.

Margaret Bond, 48, of Keilburn, Lundin Links, was due to be sentenced at Kirkcaldy Sheriff Court on Wednesday, after administering £79,120 in loans to herself between August 2013 and August 2014.

Her solicitor, Dewar Spence, had previously told the court that many of the 42 loans had been taken out to repay previous loans, suggesting that the loss to the union was not as high as the sum on the charge.

Sheriff Jamie Gilchrist deferred sentence until July 28 to allow the loss to the credit union to be confirmed.