Find Your Daily Voice
Nassau
Your Local News for Nassau County, New York
Monday, jun 10
61°
Follow
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Nassau
Follow
Find Your Daily Voice
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Home
About us
All sites
Advertise with us
Contact us
Terms of use
Privacy policy
Code of ethics
Site Map
© 2024 Cantata Media
61°
Monday, jun 10
Tag:
U.S. District Judge John G. Koeltl
News
Former CEO From Valley Stream Sentenced For Multimillion-Dollar Fraud, Embezzlement Scheme
A Long Island man who was the former CEO of Municipal Credit Union will spend time behind bars for defrauding and embezzling nearly $10 million during his time at the helm of the non-profit institution. Kam Wong, of Valley Stream, has been sentenced to 66 months in prison after pleading guilty to embezzlement from a federally insured credit union before U.S. District Judge John G. Koeltl, who imposed his sentence this week. Beginning in 2007 and lasting through his arrest in May 2018, Wong was the CEO and president of the Municipal Credit Union (MCU), which has its headquarters in Manhatta…