Maine credit union manager admits to fraud

John C. Barry, 69, pleaded guilty in U.S. District Court in Portland, Maine Wednesday for embezzling more than $400,000 when he worked as the manager of the Portland Maine Police Department Federal Credit Union.

Between 2009 and December 2013, Barry embezzled more than $400,000 from credit union accounts by transferring funds into accounts for him and his family members. They used the stolen funds to pay for personal expenses, according to court documents.

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