Credit Union CEO pleads guilty in fraud case

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A former credit union CEO and state employee pleaded guilty in a fraud investigation, according to the Department of Justice, Thursday.

Officials say Richard B. Barrer Dutchover, pleaded guilty to conspiracy to defraud Reeves County and failed to file federal tax returns.

Dutchover had been accused of using his position to obtain thousands of dollars from the credit union through a loan.

In the scheme, officials say Dutchover also failed to file tax returns. He remains on bond pending sentencing, according to a release.


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