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Former CU Manager Pleads Guilty to Embezzling More Than $1 Million

ROME, N.Y. - Local media reports say that a former credit union branch manager for the $12 million Rome FCU has admitted to embezzling more than $1 million from the credit union over eight years from 1995 to 2003. The reports said that Sharon Ann Smith, 45, confessed to manipulating...

By Staff Writer | Updated on February 24, 2004

ROME, N.Y. – Local media reports say that a former credit union branch manager for the $12 million Rome FCU has admitted to embezzling more than $1 million from the credit union over eight years from 1995 to 2003. The reports said that Sharon Ann Smith, 45, confessed to manipulating credit union records by creating fictitious members and loans. She faces a maximum of 30 years in prison and a fine of up to $1 million.

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