February 12 2026

Guilty as Charged: Former Vice President Embezzled $2.6M

Guilty as Charged: Former Vice President Embezzled $2.6M

Santa Ana, California — David Lugo, former IT vice president of SchoolsFirst Federal Credit Union, admits to having embezzled over $2.6 million dollars by ordering unnecessary IT equipment and billing the credit union for it. Will they never learn? [9/19/14]