California CEO Signs Plea Deal in $40 Million CU Embezzlement Case

Edward Rostohar agrees to forfeit assets and properties that could be worth millions.

By Peter Strozniak | May 15, 2019 at 01:39 PM

United States Court House in Los Angeles

A former California credit union CEO who committed one of the industry's largest embezzlements in recent years signed a plea deal with federal prosecutors in which he admitted to stealing more than $40 million and agreed to forfeit assets and properties in California and Nevada that could be worth millions.

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