Piles of cash with handcuffs on top Credit/Shutterstock

Two former credit union executives admitted in federal court that they stole more than $5 million from the $35.4 million Southern Pine Credit Union, the U.S. Attorney’s office in Valdosta, Ga., said.

The credit union’s former Controller Teresa Paulo of Valdosta pleaded guilty on Thursday to one felony count of bank fraud and one felony count of aggravated identity theft in federal court. The former president/CEO Leah Lehman, 63, of Valdosta, also pleaded guilty to one felony count of bank fraud and one felony count of aggravated identity theft on Oct. 26, prosecutors said.

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