An ex-cop and former bank manager of the Portland Police Federal Credit Union was sentenced to serve one year and a day behind bars for embezzling more than $530,000.
The Portland Press Herald reports 69-year-old John Barry was sentenced Monday in Portland federal court after pleading guilty last November to charges of embezzlement and making false entries in credit union records.
Prosecutors say Barry transferred stolen money into his personal account and the accounts of various family members between 2009 and 2013.
Barry was the manager of the small credit union at the time, which counted members of the city's police force and the Cumberland County Sheriff's Office among its membership.
Prosecutors say Barry also caused false quarterly reports to be filed that overstated the credit union's net worth.
