Former CU CEO facing alleged embezzlement charges. Source: Shutterstock.

In December 2016, just three months after becoming president/CEO of the $38.4 million Skyline Financial Federal Credit Union in Waterbury, Conn., Tara Kewalis began what federal prosecutors described as a detailed and sophisticated embezzlement scheme that enabled her to conceal her crimes until she was fired in March 2021.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.