Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Ignacio “Nacho” Morales, the former manager of the failed $7 million Borinquen Federal Credit Union who failed to appear Tuesday in federal court in connection with charges he embezzled more than $2 million, had a good excuse: he was already in jail.

Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.