Derby Credit Union manager sentenced for fraud - NEWS10 ABC: Albany, New York News, Weather, Sports

Derby Credit Union manager sentenced for fraud

Posted:

BURLINGTON, Vt.—A Credit Union manager was sentenced for fraud on Monday.

Debra Kinney, 59, was sentenced to three years in prison followed by five years of supervised release.

Kinney was a manager of the Border Lodge Credit Union in Derby, Vermont where after investigation, she was indicted for misappropriation of credit union funds.

In January of 2014, Kinney pled guilty to the federal fraud charges. It was later found that Kinney had defrauded account holders of over $633,000.

According to court papers, Kinney would write checks to herself or to a family member drawn from credit union accountholders without authorization. The investigation revealed improprieties with 33 different accounts.

Kinney was also required to pay full restitution.

Powered by WorldNow

341 Northern Blvd., Albany, NY 12204

Telephone: 518.436.4822
Fax: 518.426.4792
Email: news@news10.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Young Broadcasting of Albany, Inc. A Media General Company.