Convicted Embezzler Loses Bid For Resentencing At 7th Circ.

Law360, New York (May 18, 2017, 3:13 PM EDT) -- The Seventh Circuit on Wednesday upheld a 10-year sentence for a scheme to embezzle nearly $14 million from a credit union, saying a district judge was right to reject a mitigating factor that the defendant considered important.

Theodore Longust was sentenced in November to 10 years in prison for stealing $13.7 million from Edwardsville, Illinois-based Scott Credit Union, where he worked for nearly a decade as a business relationship manager.

The panel said Longust’s arguments that most of the theft was not on his behalf but...
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