The U.S. District Court for the District of Columbia on Jan. 2 sentenced a former credit union manager convicted of fraud to 21 months in prison and ordered her to pay the federal government $330,000 in restitution.
Cynthia Porter Leeson, former manager of the now liquidated $1.33 million-asset Anacostia Naval Federal Credit Union, was convicted last August of fabricating loans to cover up money she had stolen.
The criminal activity dated back to January 1986, according to the National Credit Union Administration. She was exposed in early 1993 after the agency received an anonymous tip.
The regulator liquidated the Washington-based institution in May 1993. Total losses came to $604,000.