Thank you for sharing!

Your article was successfully shared with the contacts you provided.
United States Court House in Los Angeles United States Court House in Los Angeles. (Photo: Shutterstock)

Former CEO Edward Rostohar, who told federal investigators that he embezzled more than $40 million from the CBS Employees Federal Credit Union, pleaded not guilty to two felony charges during an arraignment hearing in U.S. District Court in Los Angeles Thursday.

Peter Strozniak

Dig Deeper

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.