SHEBOYGAN, Wis. — The former president of a credit union overseeing pension investments for Piggly Wiggly Midwest workers has been convicted of embezzling more than $100,000 from the fund.
Sarah M. Gora pleaded no contest in Sheboygan County Circuit Court to one felony count of theft from a financial institution, as part of a plea deal with prosecutors, the Sheboygan Press reported. Gora, who served as president of Midwest Credit Union until being fired last year, directed money that was supposed to be invested into the credit union into a personal account, and used a company credit card for personal expenditures “ranging from furniture to food to Victoria’s Secret purchases,” according to a criminal complaint.
Gora faces a maximum of 10 years in prison.
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