A vexed federal judge issued an arrest warrant for a former credit union CEO who failed to show up at his sentence hearing Monday for bank fraud and attempted brank fraud.

Sean Jelen, 35, the former president/CEO of the merged $227 million Valor Federal Credit Union pleaded guilty to bank fraud and attempted bank fraud in July 2016. He embezzled $718,000 to pay for credit card bills, college tuition, his spouse’s birthday party and a golf tournament sponsorship. He also tried to steal $1.1 million by creating a forged severance contract before the board of directors fired him in August 2015.

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Credit Union Times

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