Former CU lending director sentenced for $800,000 embezzlement

Kevin Robert Lee will spend more than five years in prison for spending more than half of what he stole on in-app video games.

A former credit union lending director, who stole more than $800,000 from a Florida credit union and used half of the funds to pay for in-app video games, was sentenced to five and a half years in federal prison, federal prosecutors said Thursday.

U.S. District Judge Mark Walker in Tallahassee, Fla. also ordered Kevin Robert Lee to pay $979,839 in restitution to the $223 million Florida State University Credit Union, its insurance company and the IRS, including an additional $11,589 in prosecution costs incurred by the federal agency. Following his prison term, Lee will be placed under five years of supervised release.

Lee, 35, of Tallahassee pleaded guilty to 25 counts of bank fraud, theft, aggravated identity theft and filing false federal tax returns in April.

Although he stole more than $800,000, court documents show he attempted to embezzle a total of $1.2 million. From 2016 to 2018, Lee filed tax returns in which he failed to claim as income the funds he stole from FSUCU.

 

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