Credit/Shutterstock
For taking more than $100,000 in cash kickbacks during a six-month $2 million wire fraud scheme, former credit union ACH coordinator Jose A. Prado-Valero will spend the next 33 months in a federal prison.
Sentenced by U.S. District Court Judge Tanya Walton Pratt in Indianapolis last month, the 35-year-old Prado-Valero of Carmel, Ind., was also ordered to pay $2,132,517 in restitution and two years of supervised release following his prison term.
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
Already have an account? Sign In Now
© 2025 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.
