PROVIDENCE, R.I. (WPRI) - A former supervisor at the Columbus Credit Union in East Providence has pleaded guilty to embezzling more than $437,000.
Crystal Ferreira, 27, appeared in federal court Oct. 4 where, according to the U.S. Attorney's Office, she admitted before a judge that beginning in May 2012 she began taking large sums of money from the credit union's vault, ATM, and cash shipments delivered to the credit union.
East Providence Police say Ferreira told them she'd taken the money on September 18, 2012, while they were at the branch investigating an unrelated robbery.
She told police she embezzled the funds in response to a demand for cash being made to her by two men she said threatened her, her co-workers and their families. However, she later recanted those claims.
Ferreira's scheduled to be sentenced Jan. 9, 2014.
Ferreira faces statutory penalties of up to 30 years in federal prison to be followed by up to five years supervised release and a fine of up to $1,000,000.
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