Man stole thousands of dollars from fiance's accounts, police say
A man stole more than $10,000 from his fiancee's checking and retirement accounts and obtained a loan without her knowledge over a six-month period, officials said.
Kurt M. Laudenslager used his fiancee's bank card to illegally get money from the woman's checking account and also transferred money from her 401(K) into the checking account and illegally withdrew that from July 24, 2012, to Jan. 10, 2013, officials said.
Laudenslager also took out a $500 loan from Great Plains Savings and Loan by illegally using his finacee's banking information, officials added.
The woman told police on Feb. 8 that Laudenslager cleaned out her 401(K) while stealing a total of $16,358.13 from her, officials said.
But when officers interviewed Laudenslager on Monday, he would only admit to fraudulently taking a total of $10,500, including $5,000 from his fiancee's retirement, officials said.
Laudenslager also said he spent all of the money he transferred from his fiancee's accounts, officials added.
Laudenslager, 41, of 49 Bachman St., Hellertown, Northampton Co., was arraigned on charges of forgery, theft, receiving stolen property and illegally using an access device and committed to the Northampton County Prison on $50,000 bail, according to court documents.
A preliminary hearing is set for 10 a.m. March 14.
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