Former CU Manager Confesses To Fraud

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NEW PHILADELPHIA, Ohio – The ex-president of Eastern CU admitted to embezzling more than $100,000 from the $4.5 million credit union in a phony loan scam. Dawn Smith-Wisnieski apparently siphoned the funds by creating nine fictitious loans between 2003 and 2005. The former manager used either phony names or those of non-active members. Some of the loan proceeds were used to pay personal expenses.

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