Employee replaces cash with “Monopoly money” in credit union vault heist

Edward Arthur Nurse, a former employee of Park Side Credit Union in Montana, admitted to stealing $390,000 by exchanging cash with fake bills.

A former employee of Park Side Credit Union in Whitefish, Montana, admitted to embezzling $390,000 from the company’s vault by swapping funny money for the real cash.

The Department of Justice said Edward Arthur Nurse, 35, of Missoula, pleaded guilty to an indictment charging him with theft from the credit union from July 2023 to June 2024.

U.S. Attorney Jesse Laslovich said Nurse, whose primary role was managing and balancing money in the vault, faces a maximum of 30 years in prison, a $1 million fine and five years of supervised release.

In court documents, the government said that in June 2024, another Park Side employee discovered $340,000 in the credit union’s vault had been replaced with fake funds. The look-alikes were later found to come from a company that provides fake currency as props for movies and entertainment productions.

 

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