The president of the former Telco Federal Credit Union wassentenced to time served for a 2008 scheme that involved falsifyingrecords to cover up delinquent loans, according to the U. S.Attorney's Office for the Western District of New York.

Donna Harabin, 61, of Clearwater, Fla., pleaded guilty in September to bank fraud charges that carrieda maximum term of 30 years and $1 million in fines. She wassentenced Dec. 11.

She was convicted of making false credit institution entriesbetween January 2008 and December 2008 while serving as presidentand manager of the $20 million Telco FCU in of Elmira, NY.

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