Patricia Piscioneri, a former credit union manager, may face up to 30 years in federal prison, after pleading guilty to embezzling $156,571 from the former Adams Municipal Employees Federal Credit Union in Adams, Mass.
Piscioneri, 67, pleaded guilty to a 30-count indictment Jan. 17 before U.S. District Judge Michael A. Ponsor in Boston.
From December 2001 to May 2005, Piscioneri embezzled credit union funds by creating fraudulent loan accounts in the names of credit union members and deposited that money into her own accounts, her husband's accounts, or other family members' accounts, according to federal prosecutors.
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