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Saturday, January 19, 2013

Sole employee sentenced in credit union embezzlement in Michigan

An Ohio woman who authorities say embezzled $2.1 million from a small credit union in Michigan has been sentenced to at least 45 months in prison.
Sharon Broadway of Toledo was in court Thursday in Monroe to learn her punishment, which is up to 20 years in prison. She earlier pleaded guilty.
A judge also ordered her to pay restitution.
Authorities say she stole money for more than 20 years as the only employee at United Catholic Credit Union in Temperance, near the Ohio border. The credit union was closed in August when problems were detected. Because of insurance, no depositor lost money.

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