United States Courthouse for the Southern District of New York United States Courthouse for the Southern District of New York. (Source: Shutterstock)

The U.S. Court of Appeals for the Second Circuit in New York affirmed the conviction, sentence and restitution order of disgraced Melrose Credit Union President/CEO Alan Kaufman.

U.S. Court Judge for the Southern District of New York Lewis A. Kaplan sentenced Kaufman to three years and eight months in prison on Sept. 29, 2021 after a jury found him guilty on two counts of bribery. Kaufman also was ordered to pay $2 million in restitution to the NCUA and a $30,200 fine. Another court order required the former credit union CEO to forfeit to the government his 2,162-square-foot home in Jericho, N.Y.

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