A former bank employee from Wakaw has been arrested and is facing fraud and theft charges following a 16-month long investigation by the RCMP.

Wakaw RCMP say they received a report in December of 2020 regarding theft from a personal bank account.

Saskatoon RCMP took over the investigation which identified 11 people, the majority being seniors were defrauded between January 2013 and April 2019.

Conexus Credit Union released a statement Thursday, saying they sincerely regret this happened and they have worked diligently with investigators and also those people impacted have been contacted, informed and made whole.

“Members can take comfort and have confidence this is an isolated incident linked to one former employee,” the statement reads. “We are here to reassure you, our members, that your hard-earned funds and assets are safe. We are constantly improving and evolving safeguards and best practices to do all that can be done to prevent these sorts of unfortunate incidents.”

Police say some of the victims died over the course of the investigation.

63-year-old Brenda Venne is due in Wakaw Provincial Court on June 14th.