FOOD & COMMERCIAL WORKERS (UFCW)
California VP Accused of $277,300 Embezzlement
A federal grand jury recently charged Alan L. Axt, ex-vice president
of the United Food & Commercial Workers Local 1288 Federal Credit Union
with embezzling an estimated $277,335. Before U.S. Magis. Judge Sandra
M. Snyder, Axt pled not guilty July 9 to embezzling funds from the Fresno,
Cal., credit union. The one-count indictment alleges that Axt embezzled
the funds from Mar. 1999 to Nov. 2000. He faces a maximum of 30 years in
prison and a $1 million fine. After the June indictment, Axt's attorney,
David Gottlieb, said that he was cooperating with the FBI, the U.S. Atty.'s
Office, and the credit union and hoped "to get it resolved as quickly as
we can." [Fresno Bee 7/10/01]
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