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Credit union CEO faces $1 million embezzlement charge

first_imgJacqueline Ray, who served as president/CEO of Ochsner Clinic Federal Credit Union for nearly 30 years, will be arraigned in January 2016 on a felony charge that she embezzled more than $1 million from the failed New Orleans-based cooperative.In court documents filed by federal prosecutors last week in U.S. District Court in New Orleans, Ray allegedly carried out her scheme from 2007 to May 2013 through 149 fictitious loans that were created on 71 fictitious member accounts. continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

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