Alamdar Hamdani U.S. Attorney | U.S. Attorney for the Southern District of Texas
A former credit union manager from Prairie View has been sentenced for embezzling over $200,000 from elderly clients. Gloria Hall, 58, pleaded guilty to the charges on April 23, 2024. U.S. District Judge Charles Eskridge sentenced her to 24 months in federal prison followed by five years of supervised release. Hall is also required to make full restitution of $211,563.12 to her victims.
At the sentencing hearing, forensic accounting evidence revealed the extent and duration of Hall's fraudulent activities. The court emphasized the impact of her actions on the Prairie View Federal Credit Union's legacy.
"Protecting our most senior and vulnerable citizens from fraud is a vital mission of this office," stated U.S. Attorney Nicholas J. Ganjei. "We cannot and will not let their life’s work fall prey to the greed and deceit of criminals."
Special Agent in Charge Douglas Williams of the FBI Houston Field Office commented on the broader implications: "Gloria Hall’s crimes upended more than just her victims... she also robbed the credit union of its 80-plus-years history when it was forced to merge with another institution as a direct result of her stealing."
Hall managed Prairie View Federal Credit Union (PVFCU) from 2017 through 2019, during which time she maintained outdated business practices that prevented customers from accessing their accounts online. This allowed her to misappropriate funds from at least two elderly customer accounts for personal gain.
PVFCU was one of the oldest continually operational federal credit unions established by a historically black college or university in the United States but did not survive Hall's embezzlement. It merged with Cy-Fair Federal Credit Union in early 2022 after approximately 85 years of operation.
Hall will remain on bond until she voluntarily surrenders to a U.S. Bureau of Prisons facility yet to be determined.
The investigation was conducted by the FBI – Bryan Resident Agency, with Assistant U.S. Attorney Thomas Carter prosecuting the case.
