Judge signing court document Source: Shutterstock.

In a plea deal, Janine Keim, former president/CEO of the $5.2 million Consumer Credit Union, admitted she was involved in a $1.4 million embezzlement case that led to the insolvency and merger of the Denison, Iowa-based financial cooperative.

But when U.S. District Court Chief Judge Leonard T. Strand in Sioux City sentenced Kiem on Wednesday to a year and three months in federal prison, he ordered her to pay only $1,000 in restitution and a $5,000 fine.

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Peter Strozniak

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