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It took federal investigators nearly four years to catch up to a former president/CEO who pleaded guilty Wednesday to 17 years of bank fraud that led to a loss of more than $466,000 at a Texas credit union.

Susan Margaret Garza, 60, admitted in a U.S. District Court in Galveston that she made unauthorized withdrawals from member accounts and made unauthorized loans in the name of members from February 1996 to April 2013 at the Electrical Workers 527 Federal Credit Union in Texas City.

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Peter Strozniak


Credit Union Times

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