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NCUA Bars Senior Exec Who Stole $800K In Phony Expense Scheme

SEP 19, 2011

ALEXANDRIA, Va.-NCUA last week barred Milton Callan, a former vice president at Lockheed Federal Credit Union, for embezzling $830,000 from the credit union through a phony expense scheme. Three other employees of the same credit union who were also involved in the scheme were also barred.

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