Local News

FORMER CREDIT UNION MANAGER SENTENCED

(Richmond, IN)--The former CEO and manager of the Richmond City Employees Federal Credit Union has been sentenced in federal court.  37-year-old Daniel Johnson submitted fraudulent applications for loans and then used the money to pay off previous loans and to purchase a home.  Johnson has now been ordered to serve two years in federal prison and to repay the $286,000 he stole.  The credit union largely serves the employees of the city of Richmond.  The case was investigated by the FBI.