Prison bars. Credit: Tracy King/Adobe Stock
Gloria Jean Hall, a former CEO whose embezzlement led to the merger of one of the nation’s oldest federal credit unions established by the historically Black Prairie View A&M University in Texas, was sentenced to two years in federal prison.
On Thursday, the U.S. Attorney’s office in Houston said in addition to her prison sentence, U.S. District Judge Charles Eskridge ordered Hall to pay $211,563 in restitution to an elderly couple. They were victims of Hall’s embezzlement scheme at the $3.1 million Prairie View Federal Credit Union (PVFCU). She also was ordered to five years of supervised release following her prison term.
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