Debra Kinney, the former CEO of the shuttered Border Lodge Credit Union of Derby Line, Vt., pleaded not guilty to an embezzlement charge last week before a U.S. District Court judge in Burlington, according to court documents.
The amount of money allegedly stolen by Kinney is not yet known. Tristram Coffin, a Vermont U.S. Attorney, said the "amount of the loss is still being compiled, but he believes when completed it will be at least several hundred thousand," according to a report in the Burlington Free Press.
Kinney was indicted June 6 by a federal grand jury. The embezzlement allegedly occurred from November 2010 to December 2012.
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