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.
- Most Popular
- Most Emailed
- TOMORROW'S HEADLINES TODAY: Maple syrup standards revised to match international standards; city must decide how best to use $300K in leftover sewer project money; Bryanna Allen reports on funding proposal for solar projects; local agency gets HUD money.
- RICHARD'S POOR ALMANACK: On this day in 971 AD, Southern Han war elephant corps defeated by Song Dynasty troops bowmen; in 1870, Montana, Marias massacre, U.S. kills 173 Native Americans; in 1941, Charles Lindbergh recommends neutrality pact with Nazis.
- TOMORROW'S HEADLINES TODAY: Bryanna Allen reports Castleton Downtown hosts open house, fire in Springfield leaves family without a roof of their own, suspected Bosnian war criminal trial goes to jury, Brent Curtis reports Rutland Town budget set to rise.