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.

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Fraud & Enforcement