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IT VP David Lugo could face 80 years for stealing $2.6 million worth of computer equipment, reselling it and pocketing the cash.

A former IT vice president agreed to plead guilty Sept. 15 to embezzling more than $2.6 million from the $10.4 billion SchoolsFirst Federal Credit Union in Santa Ana, Calif., according to court documents.

Peter Strozniak

Credit Union Times

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