Former credit union president sentenced to federal prison for embezzlement
By Adam Lynn, The News Tribune (Tacoma, Wash.) | |
McClatchy-Tribune Information Services |
Federal prosecutors said Thomas used the credit union's resources to commit disability fraud, stole from customers' lines of credit and forged an employee's signature to increase the limit on her company credit card.
Thomas used the ill-gotten funds to pay her bills and other expenses, court records show.
"As
Thomas resigned in 2009 just as state authorities were about to begin an investigation of the credit union because they were concerned about its financial performance, the
Thomas' attorney,
"This crime is very serious because it is the type of crime that corrodes faith in our financial system," Leighton said.
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