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Justice News

Department of Justice
U.S. Attorney’s Office
Eastern District of New York

Friday, October 25, 2019

Former Chief Operating Officer of Long Island Federal Credit Union Sentenced to 18 Months in Prison for Embezzlement

Earlier today, at the federal courthouse in Central Islip, Suzanne Silva, the former Chief Operating Officer of Winthrop University Hospital Employees Federal Credit Union, was sentenced to 18 months in prison for embezzling credit union funds during her employment and ordered to pay $465,172 in restitution to the credit union.  Silva pleaded guilty to the embezzlement scheme in March 2019.  The sentencing proceeding was held before United States District Judge Denis R. Hurley. 

Richard P. Donoghue, United States Attorney for the Eastern District of New York, and William F. Sweeney, Jr., Assistant Director-in-Charge, Federal Bureau of Investigation, New York Field Office (FBI), announced the sentence.

Between March 2011 and June 2018, Silva transferred hundreds of thousands of dollars from operating accounts of the credit union to accounts in her name and the names of family members.  She used the funds to take Caribbean cruises, travel to Cancun and pay thousands of dollars a month for purchases from the Amazon and Etsy websites. 

Silva’s employment was terminated by Winthrop University HEFCU in June 2018. 

“For years, Silva plundered the credit union, abusing her position as its Chief Operating Officer to commit serious crimes – all to serve herself,” stated United States Attorney Donoghue.  “For the next 18 months, she will pay the price for her greed.”

The government’s case is being handled by the Office’s Long Island Criminal Division.  Assistant United States Attorneys Charles P. Kelly and Madeline O’Connor are in charge of the prosecution.

The Defendant:

Age:  35
Carle Place, New York

E.D.N.Y. Docket No. 18-CR-507 (DRH)

Financial Fraud
John Marzulli United States Attorney’s Office (718) 254-6323
Updated October 25, 2019