Thursday, January 5, 2017

Michigan Woman Sentenced In $2 Million Credit Union Embezzlement Case

From the Detroit Free Press on 1/4/17:

She gambled, bought a Mercedes and big motor home, took luxury vacations.
Now, a Westland woman convicted of stealing millions from a veterans credit union she ran will have up to 20 years in prison to ponder her actions.
Michigan Attorney General Bill Schuette, who called the crime "despicable," announced Thursday that Fuataina Afutiti of Westland has been sentenced to a minimum of 2½ years and up to 20 years in prison for stealing nearly $2 million from the Veterans Health Administration Credit Union, although defense attorneys said she is likely to serve the minimum term,
Afutiti not only took advantage of her position as president and CEO of the credit union, she "took advantage of military veterans, many of whom were disabled or on a fixed income,” Schuette said.
“Individuals who served and sacrificed for this country deserve the utmost respect, but instead the members of the credit union were victimized. I am pleased to see this verdict," he said in a news release.
Afutiti, 50, pleaded guilty to one count of receiving proceeds from a continuing criminal enterprise and one count of embezzlement from a credit union, according to the release. She was sentenced Dec. 29 before Wayne County Circuit Judge David Groner.

Read the whole story here.

No comments: