Debra Kinney, the former CEO of Border Lodge Credit Union in Derby, Vt., will serve three years in federal prison for embezzling more than $630,000 from accounts of 33 members.
Three years in prison for $630,000 theft from $3.1 million credit union.
Renee J. Thomas, former president/CEO of the merged Community Credit Union, pleaded guilty to misapplication of funds and wire fraud.
Renee Thomas, former CEO of the merged $12M Community CU in Tacoma, Wash., pleaded guilty to defrauding the credit union and CUNA Mutual in December.
Bank, credit union and individual plaintiffs may all see their cases consolidated and moved to Minnesota, where Target is headquartered.
Defendant Sato Satka bribed former President/CEO Anthony Raguz with $90,000 cash in a brown paper bag.
CLEVELAND - Michael Ruksenas was sentenced Friday to 17 months in prison for stealing more than $480,000. The family relationship was revealed in court.
Two former employees of small Illinois credit union face sentencing, including one who used township tax dollars to hide her crime.
Credit unions must invest the time to keep up with marketplace changes, staying ahead of large issues while simultaneously meeting member expectations.
CLEVELAND—Former Taupa Lithuanian CEO could face 30 years in prison and a $1 million fine.