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Posted inCommunity News, Crime, Featured, News

Ex-Credit Union Manager Sentenced to More Than 14 Years in Federal Prison for $40 Million Embezzlement

The former manager of CBS Employees Federal Credit Union was sentenced today to 169 months in federal prison for a two-decade-long embezzlement that caused the credit union a loss of $40 million – a scheme that ultimately led to the financial cooperative being forced into insolvency. Edward Martin Rostohar, 62, of Studio City, was sentenced […]

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