Woman Sentenced On Embezzlement Charge

HARTFORD, Conn. (AP) – A Connecticut woman has been sentenced to prison for embezzling more than $840,000 from the credit union where she worked as a loan manager.

The U.S. Attorney’s Office says 43-year-old Pamela Mallory, of Enfield, was sentenced Wednesday to 21 months behind bars and ordered to pay full restitution.

Mallory pleaded guilty in May to federal embezzlement.

Prosecutors say Mallory took the money from five home equity lines of credit that she had opened in the name of a customer at the Windsor-Locks-based 360 Federal Credit Union.

Prosecutors say the customer wasn’t aware of the loans.

They say Mallory made interest payments on the lines of credit from her own checking account to avoid detection and used the proceeds from the embezzlement to pay her own creditors.

(© Copyright 2016 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)


Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Connecticut

CBS Hartford 4 Charity
Win Red Sox Tickets All Season
The Latest UConn News

Listen Live