Police arrest man accused of stealing $50,000 from credit union

2014-07-05T06:00:00Z Police arrest man accused of stealing $50,000 from credit unionBy LILLIAN SCHROCK Star-Tribune staff writer The Billings Gazette

Police arrested a 20-year-old Casper man this week for allegedly stealing almost $50,000 from a credit union, a court document shows.

Kevin Markus Walsh is being held in the Natrona County Detention Center on $75,000 bond. He is accused of using a key belonging to a family member who works at First Credit Union to gain access to the business, a police affidavit states.

Walsh is charged with burglary and grand larceny.

Walsh allegedly drove to the credit union shortly before 1 a.m. June 14 and covered the security cameras with tape, according to the affidavit. He then used the employee code of his family member to enter the building.

The business’s alarm system had unknowingly been disabled for quite awhile, authorities discovered. Walsh guessed the vault code and gained access on his first try, the affidavit states. He filled a bag with $48,000 in cash.

On June 16, an employee of the credit union discovered that the dead bolt on the vault was not closed properly. She also discovered a large sum of cash missing.

Police began to consider Walsh a suspect when they learned he was about to purchase a new vehicle for $20,000. In an interview with police, Walsh broke down and told them the truth, the affidavit states. He told police he was trying to help his family.

Walsh led authorities to the crawl space in his basement where he hid the money, according to the affidavit. Police recovered $47,740. They also took a rifle from the residence.

Contact Lillian Schrock at 307-266-0574 or at lillian.schrock@trib.com. Follow her on Twitter @lillieschrock.

James Goossen

Copyright 2014 The Billings Gazette. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow The Billings Gazette

Popular Stories

Get weekly ads via e-mail

Deals & Offers

Featured Businesses