CEO Sentenced for CU Theft

GRANTSVILLE, Utah – The former president of Grantsville FCU was sentenced last week to 15 months in federal prison and ordered to pay $60,000 in restitution for embezzling an estimated $120,000 from the credit union. Prosecutors said Linda Carson was found guilty of transferring credit union funds to her personal account and to accounts of her family members and friends. Carson confessed to creating a phony $25,000 loan, which she increased nine times without the approval of anyone else at the credit union. Prosecutor agreed to reduce the amount of restitution from the $120,000 stolen under a plea bargain.

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