news virginia credit union ceo faces 30 years for misuse of funds to make personal purchases

Virginia credit union CEO faces 30 years for misuse of funds to make personal purchases

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The former CEO of FedStar Federal Credit Union was caught using her company credit card and the business Amazon account to make personal purchases, an obvious no-no.

She pleaded guilty last week in federal court and faces a maximum of 30 years in prison.

According to court documents, Kelly Givens, 37, of Salem, who was named CEO of FedStar in 2016, ran up more than $12,000 in charges on her company credit card and the company’s Amazon account to purchase items including running shoes, hiking shoes, tickets for sporting events, and electronic devices between 2018 and 2020.

As part of an effort to conceal her theft, Givens provided false information to FedStar’s board of directors and the National Credit Union Administration.

At sentencing, Givens faces a maximum, statutory penalty of 30 years in prison and/or a fine of up to $250,000.

Chris Graham

In addition to being the editor of Augusta Free Press, I've written seven books, including Poverty of Imagination and Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, both published in 2019, and The Worst Wrestling Pay-Per-View Ever, published in 2018. For my commentaries on news, sports and politics, go to my YouTube page, Want to reach me? Try [email protected].