MICHIGAN CENTER, Mich. – The former senior VP and CFO at Cascades Community FCU here has been being charged with embezzling more than $339,000 from the credit union.
Charges were filed against Terry L. Brandt, 56, who was accused of wiring money in 2007 and early 2008 from the general account at CCFCU to a personal account in order to cover stock market losses, according to Jackson County prosecutors.
If convicted, Brandt could face 20 years in prison.
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