The CEO and president of the oldest
New York credit union is facing charges in connection to embezzling
money, which he allegedly used to buy millions of dollars worth of
lottery tickets, among other things, authorities say.
From
at least 2013 to January 2018, Kam Wong engaged in a long-running
scheme to obtain money that he wasn’t entitled to from the credit union
for which he served as chief executive officer and president, according
to the U.S. Attorney of the Southern District of New York Geoffrey S.
Berman.
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Source: NBC News 4 New York
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