Richard Mangone promotes his book.
Richard Mangone admitted he was an insufferable, self-centered jerk consumed by greed when he became one of the nation's most successful credit union CEOs. Ironically, all that success, which garnered adulation, respect, power and trust from his peers, employees and board members, led to his downfall. On Sept. 12, 1995, Mangone was sentenced to 24 years in prison for orchestrating the largest credit union real estate fraud scheme, shocking the industry and costing it more than $45 million.
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