New York grand jury indicts former CU COO for embezzlement

Suzanne Silva allegedly spends stolen credit union funds on cruises and Amazon.

A New York grand jury indicted former credit union COO Suzanne Silva Wednesday for allegedly embezzling more than $465,000 spent on Caribbean cruises, travel to Cancun and thousands of dollars a month on Amazon and Etsy.

Silva’s lavish spending lasted for more than seven years while she was a supervisor and COO at the $34 million Winthrop-University Hospital Employees Federal Credit Union in Mineola.

After the indictment was unsealed yesterday, Silva, 35, of Carle Place, N.Y., was arrested, and her initial hearing was held in U.S. District Court in Central Islip, according to the U.S. Attorney’s office for the eastern district of New York.

Silva joined the credit union in 2002, became a supervisor in July 2011 and was promoted to COO in February 2017.


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