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A convicted credit union business relationship manager argued he should have received a lighter sentence because he used some of the millions in fraudulent loans to keep a struggling company afloat and pocketed just under $200,000 for himself.

A three-judge panel of the Seventh Circuit U.S. Court of Appeals in Chicago last month unanimously rejected this appeal and affirmed the 10-year sentence of Theodore J. Longust handed down by a U.S. District Court judge in November 2016.

Peter Strozniak

Credit Union Times

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