Former Exec Of Alaska Credit Union Pleads Guilty To $187K Embezzlement

Vicki Lynn Weidenhof, 46, formerly of Sitka, Alaska and currently of Chatsworth, Georgia, pleaded guilty to charges she embezzled $187,348 from Alps Federal Credit Union, where she had served as chief operations officer. Authorities alleged that Weidenhof transferred funds from the credit union's general ledger account into her own account and into the accounts of others.

Read the story here and here.

Update (12/17/10): Weidenhof was sentenced to 2 years in prison plus five years of probation. She must also pay restitution in the amount of $187,348.