Not guilty plea in theft caseJune 29,2013BURLINGTON — The former head of a Vermont credit union has pleaded not guilty in federal court that she embezzled several hundred thousand dollars from customer accounts.
Fifty-eight-year-old Debra Kinney was indicted earlier this month in Burlington. She was the CEO of the now closed Border Lodge Credit Union.
The indictment alleged Kinney did “willfully embezzle, purloin and misapply moneys and funds” of the credit union.
Last November, the Vermont Department of Financial Regulation closed the Derby Line-based credit union, which was first chartered in 1963.
The Burlington Free Press reported court papers stated Kinney is accused of depositing money from the credit union into her savings account and into the account for a close friend.MORE IN This Just InBy Amy Ash Nixon Full StoryRICHARD'S POOR ALMANACK: On this day in 410 CE, Visigoths sack Rome and it isn't the first time, either; in 1859, Titusville, Pa., the first commercially viable oil well comes in; in 1918, the only World War I battle fought on U.S. soil in Nogales, Ariz. 0Rutland Herald content editor Rich Alcott uploads data direct to your head: On this day in 410... Full Story
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