After ex-CFO admits to embezzling $20M, Michigan credit union placed into conservatorship: Just days after the former chief financial officer of a Michigan credit union walked into the local sheriff’s office and confessed to embezzling $20 million from his former employer, the credit union has been placed into conservatorship by the Michigan Department of Insurance and Financial Services. http://www.housingwire.com/articles/36032-after-ex-cfo-admits-to-embezzling-20m-michigan-credit-union-placed-into-conservatorship ❤️ #share #mortgage
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