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Demovictory9

(32,455 posts)

23. more from article

Reply to SWBTATTReg (Reply #8)

Wed May 29, 2019, 12:38 AM

May 2019

Wong pleaded guilty to embezzlement in November. In their memo to the judge, his attorneys say Wong started buying lottery tickets here and there to help cope with post-9/11 stress, and by the time he became MCU's CEO, he was buying $100 worth of Win4 tickets every day. The financial crisis and Superstorm Sandy worsened his stress, and between 2013 and 2017 he stole $4.5 million from MCU to buy lottery tickets. A crooked member of MCU's supervisory committee helped keep the credit union in the dark, while Wong soothed his conscience by popping hydrocodone pills and sipping from a bottle of codeine-laced syrup at his desk.

Wong's attorneys hope Koeltl will be swayed by the dozens of letters submitted by family members and friends depicting a loving father, husband and friend whose life went awry.

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CEO who plundered massive city credit union pleads for mercy [View all] brooklynite May 2019 OP

So sick of this CDerekGo May 2019 #1

Exactly. I wonder what kind of sentence you or I would get for the same offence. Arkansas Granny May 2019 #4

Translation: Wong was a rich businessman. Prison is for poor people. eom guillaumeb May 2019 #2

I would put him into a minimum wage job and Sherman A1 May 2019 #3

The unfortunate thing here too is that this was a Credit Union BumRushDaShow May 2019 #5

Unchecked addiction? First time I have heard of this excuse being used in an attempt to... SWBTATTReg May 2019 #6

Local official got 4 years for stealing 6.7M, blamed it on addiction pimpbot May 2019 #7

Yes, sadly. A person who steals a pack of cigs probably would get more than 4 years! Sad. ... SWBTATTReg May 2019 #8

And if he sold the cigarettes on the street corner Mr.Bill May 2019 #12

It's scary, isn't it? One of my best friends is black, and his biggest fear is getting pulled ... SWBTATTReg May 2019 #13

more from article Demovictory9 May 2019 #23

Dianna Durban was Republican Secretary of State in New Mexico (2011-2015) PoindexterOglethorpe May 2019 #15

Until some of these CEOs, company presidents and corrupt politicians start spending rurallib May 2019 #9

seems i repeat it seems that "most " buissness operators are scoundrells. AllaN01Bear May 2019 #10

The amount of fucks I give for criminals like this: Initech May 2019 #11

All such crimes should be; you get out when you've paid up The Mouth May 2019 #14

Speaking as someone who dealt with being addicted to a substance... Jedi Guy May 2019 #16

Correct me if I'm wrong The Mouth May 2019 #25

It is indeed. Jedi Guy May 2019 #28

womp womp you thief WhiteTara May 2019 #17

Frankly I think the prosecutors are being overly generous in only asking for 10 years. cstanleytech May 2019 #18

The federal government has pretty complicated sentencing guidelines Massacure May 2019 #21

Looks like none of the stolen money can be recovered. Prison for life or NCjack May 2019 #19

Wasn't he on "Hawaii five -O"? gay texan May 2019 #20

Ten years sounds about right and ought to be enough time to work through that addiction. marble falls May 2019 #22

Screw him.... Historic NY May 2019 #24

This is where I bank Sanity Claws May 2019 #26

Only a 10 year sentence? Sounds far too lenient to me. LonePirate May 2019 #27