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CU System
CU System brief (04/12/2012)
  • TALLAHASSEE, Fla. (4/13/12)--A U.S. Court of Appeals for the Eleventh Circuit in Tallahassee, Fla., Tuesday upheld the convictions  and sentences of a former credit union CEO and a former Florida A&M University policy institute director on charges of embezzling $134,000 in grant funds from U.S. Department of Housing and Urban Development (HUD) that were administered by A&M University FCU (leagle.com April 10). The court denied the appeals of Eugene Telfair, who was president of the Tallahasse-based credit union, and co-defendant Robert Nixon.  The court said the evidence was sufficient for a reasonable jury to conclude that the two men knowing and willingly conspired to steal, and actually did steal, the grant funds through a wire scheme. The fraudulent contracts occurred between 2004 and 2008 …


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