Former COO of Long Island Federal Credit Union Pleads Guilty
Former Chief Operating Officer Of A Long Island Federal Credit Union Pleads Guilty to Embezzlement Former Long Island Federal Credit Union COO Suzanne Silva pleaded guilty to embezzling $465,172 during her employment. Silva was the former COO of Winthrop University Hospital Employees Federal Credit Union (Winthrop University HEFCU) The 35-year-old Silva pleaded guilty before United States District Judge Denis R. Hurley. As a result, Silva faces up to 30 years in prison. She is also responsible for paying restitution of $465,172 and a fine of up to $1 million. United States Attorney for the Eastern District of New York Richard P. Donoghue and William F. Sweeney, Jr., Assistant FBI Director-in-Charge of the New York Field Office announced the guilty plea: Silva has admitted that she abused her authority as COO by stealing funds from the Credit Union for personal travel and shopping sprees. Today’s guilty plea sends the message that those who engage in such crimina...