In 1964, a brotherhood of electrical workers in western Pennsylvania pooled their money and started a credit union. Fifty-six years later, federal regulators shut it down.

The scandal made some headlines, then the world moved on.

This investigation goes back to the people who had to pick up the pieces, who were left with more questions than answers, because what they were told doesn't add up.

We'll take you into the court documents, down rough country roads and through official government records, to find out what really happened.

You'll hear from sources speaking publicly about a crime others still refuse to discuss.

It's been a mystery sitting in plain sight for years, scattered across records and memories nobody ever put together until now.

Welcome to Overdrawn.

In May 2020, a small credit union in Beaver, Pennsylvania shut down with no warning. But what looked like an ordinary failure was actually a scandal that hid in plain sight for years. How did it happen? One word holds the clue.

For show notes and original photography, visit OverdrawnPodcast.com.

Stacey Shaw embezzled nearly $2.1 million from the credit union she ran, using six credit cards she had no authority to open. She raised the limit on one of them 89 times, to more than $1.7 million, and cut its minimum payment to fifty cents. In his first interview about the case, the former federal prosecutor who built it explains how investigators traced the charges. They found almost everything...except a reason.

For show notes and original photography, visit OverdrawnPodcast.com.

Stacey Shaw’s embezzlement, in her own words. Her defense attorney, in his first media interview about the case. An anomaly that no one can explain. And more questions than answers.

For show notes and original photography, visit OverdrawnPodcast.com.

"This was all in plain sight, had somebody just kinda looked at it." That’s what Stacey Shaw’s defense attorney said about her embezzlement.

We go looking with former NCUA examiner Joshua Herman, who doesn't know how 712 collapsed. Can he find out just from their financials?

We explore what the NCUA Office of Inspector General released about their investigation.

We hear the question Helen Marinkovic asked 712's board and the answer that, according to her, was their downfall.

And who was on 712's board? One person you may not expect.

For show notes and original photography, visit OverdrawnPodcast.com.