U.S. District Court Judge John Jones III sentenced formerHD York Federal Credit UnionCEO and Manager Sherry Garner to 24 months in federal prison for evading$19,069 in federal income taxes on money she embezzled from the York, Pa.-based credit union.
A July 20 news release from the U.S. Attorney's Officequoted U.S. Attorney Peter Smith as saying that Garner previously pled guilty Feb.19 to a criminal information charging her with bank larceny and tax evasion.
Between 2010 and 2013, Garner embezzled $252,106 from thecredit union. She failed to report $70,983 in stolen income on her federalincome tax return for 2011.
Garner also admitted the total tax loss to the IRS on herunreported $252,106 income was $62,704.
She was ordered to pay restitution of $252,106 to CUMISInsurance Society Inc., and $62,704 to the IRS. She is to surrender to theBureau of Prisons Sept. 19.
HD York mergedwith York, Pa.-based White RoseCredit Union in 2014.