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 InRICHARD'S POOR ALMANACK: 2nd president John Adams signs Sedition Act on this day in 1798 providing jail time for criticizing the government; Jerry Rubin, co-creator of the Yippies, American activist, political theorist, businessman, born this day in 1938. 0Rutland Herald content editor Rich Alcott uploads astronomic, historic and epigrammatic content... Full StoryTODAY'S WEATHER MINUTE: A brief midsummer return of last winter’s stubborn cold air mass descends over the Northern Plains, Midwest and Northeast this week bringing colder than seasonable daytime temperatures. 0Rutland Herald content editor Rich Alcott shares local weather information and easily digestible... Full Story
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