New Haven County Credit Union CEO cooked the CU books to keep struggling restaurant afloat.
EAST HAVEN, CT — Former CEO James Farrell, 55, was sentenced to serve one day in prison for defrauding the credit union he led, prosecutors announced late Tuesday. Farrell, of East Haven, was also given two years of supervised release and 50 hours of community service for defrauding the New Haven County Credit Union.
More Stories
The Auto Industry Isn’t Facing a Demand Problem, It’s Facing a Value Problem
Auto Delinquencies Show Mixed Signals in April
Servicing Is Eating Originations – Ahead of the Curve Part 3