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Former MCU CEO Wong Sentenced To 5½ Years for Embezzling $10M

By BOB HENNELLY
Posted 6/7/19

Kam Wong, the former CEO of the New York City Municipal Credit Union, has been sentenced to 5½ years in prison for defrauding the non-profit financial institution of almost $10 million dollars by Federal Judge John G. Koeltl.

Federal prosecutors had asked for 10 years, according to a sentencing memo filed last month in the Southern District.

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