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Stacey Shaw, former president/CEO of the $7.6 million IBEW Local Union 712 Federal Credit Union, will be sentenced in August after pleading guilty to a $2 million embezzlement scheme before a U.S. District Court judge in Pittsburgh on Friday.

She also pleaded guilty to one misdemeanor count of failing to file a federal tax return, according to a plea deal agreement. The second misdemeanor count of failing to file a federal tax return was dropped by federal prosecutors.

Peter Strozniak

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