Investigating fraud and corruptioni using a magnifying glass. Source: Shutterstock.

Stephanie Simontacchi, a former accounting manager for a California credit union and a former assistant controller for a local hotel, pleaded not guilty to bank fraud, embezzlement and tax evasion charges during a U.S. District Court hearing in San Franciso on Tuesday.

Simontacchi, 48, of Petaluma, allegedly embezzled more than $437,000 from the $6.6 billion Redwood Credit Union starting in April 2016 through April 2019, according to federal prosecutors at the U.S. Attorney’s office for the Northern District of California.

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Peter Strozniak

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