SPRINGFIELD, Mass.–The jury here heard closing arguments in theembezzlement case of Carol Aranjo and her husband, Alphonso Smithand jurors are now weighing their verdict.

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The Republican reported yesterday that a total of 29witnesses testified throughout the trial, in which the defendantswere also charged with conspiracy and other related charges. Thepair is accused of stealing $1.5 million from D. Edward WellsCredit Union, using it to buy a Mexican time-share, take trips, andpay personal debts. The funds were taken from other credit unionmember accounts. Aranjo's lawyer called that “preposterous” in hisown closing argument.

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“She was like a shark looking for prey,” The Republicanquoted Assistant U.S. Attorney Jorge Almonte, saying that dozens ofthe alleged transfers from solvent accounts ran up to $150,000 inthe red, at one point, according to government's evidence. Therewas also loan documentation fraud involved.

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Defense lawyer Timothy G. Watkins said there was no ill intenton Aranjo's part and that the CU board could have intervened ifthey saw any irregularities. U.S. District Judge Michael A. Ponsorgave final instructions and the jury began its deliberations.

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