Former First Financial employee arrested for theft, fraud and forgery

File Photo
File Photo

Amy Schaffer / Provided Photo
Amy Schaffer / Provided Photo

WEST TERRE HAUTE, Ind. (WTHI) – An employee of First Financial Bank, West Terre Haute branch was arrested for multiple counts of fraud, theft and one count of forgery.

During an investigation that started in November of 2013, Amy Schaffer was suspected of committing theft and fraud against First Financial Bank. Documents were obtained that concerned transactions that were the subject of the investigation.

A First Financial Bank Security Officer stated Schaffer wrote multiple cashier’s checks payable to herself that were deposited into accounts owned by her and her husband.

Schaffer did not have the authority to write those checks to herself and there were no offsetting value received by First Financial in exchange for insurance of the cashier’s checks.

She also forged documentation for a loan application.

Schaffer is facing five counts of fraud on a financial institution, one count of forgery and five counts of theft.

The total amount of theft and fraud is believed to be $63,433.47. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you confirm your email address and acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s