Accounting Manager Confesses To $413,000Embezzlement

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SYRACUSE, N.Y. - (01/10/05) -- A former accounting manager atSeaComm FCU pleaded guilty Friday to stealing almost $413,000 fromthe credit union over a nine-year period. Marabeth Peets, 41,confessed to a scheme by which she transferred funds from threedifferent internal accounts she controlled. She then withdraw thefunds for her own use. Peets has agreed to makerestitution.

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