Former Credit Union CEO Facing Fraud Charges

Jun 13, 2014

Christina Pace turned herself in to Montgomery County police last Thursday.
Credit TBI Media

The Tennessee Bureau of Investigation indicted a Clarksville woman accused of defrauding the financial institution she led.

TBI Special Agents report that Christina Pace, as Chief Executive Officer of Gateway Credit Union, altered monthly balance sheets over the course of nearly 2 years, costing Gateway a net loss of approximately 400 thousand dollars. Additionally, 

Agents developed information that Pace misused a corporate credit card for her personal benefit.

Though Pace paid back the Credit Union after an audit, Gateway Credit Union terminated her employment. A Montgomery County Grand Jury has charged the 34-year-old with 17 counts of Forgery. Pace turned herself into the Montgomery County Jail Thursday, where she was released after posting 5,000 dollars bond.