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CDCU Figure and Husband Sentenced to Prison for Looting Her CU

SEP 25, 2008 11:39pm ET

SPRINGFIELD, Mass. – Carol Aranjo, the former president of D. Edward Wells FCU who rose to national prominence as a spokesman for community development credit unions, was sentenced yesterday to four-and-a-half years in prison and ordered to pay $1.4 million in restitution for an embezzlement scheme that sunk the 52-year-old...

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