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New credit union CEO announced.

The $2.9 billion Municipal Credit Union in New York announced Monday the appointment of Mark A. Ricca as its president/CEO.

He replaced former MCU President/CEO Kam Wong who was terminated in June after a federal complaint charged that Wong allegedly stole millions of dollars from MCU through various fraudulent reimbursement schemes from 2013 to 2018. He pleaded not guilty to embezzlement, bank fraud, wire fraud and aggravated identify theft earlier this month in Manhattan’s U.S. District Court.

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Peter Strozniak


Credit Union Times

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