A Bear Lake woman has pleaded guilty to one count of federal embezzlement before a U.S. district judge in Erie.

Karen Schenck, 50, 325 Lottsville Niobe Road, Bear Lake, was accused of embezzling over $741,000 while employed as office manager/CEO of Corry Area Schools Federal Credit Union in Corry, according to the U.S. Attorney’s Office.

Sentencing is scheduled for April 24, 2017.

For more details, see Thursday’s Times Observer.