A former St. Matthews credit union manager was sentenced in federal court in Columbia Tuesday for embezzlement. 44 year old Orangeburg resident Chandra Brooks Spigner was convicted of stealing nearly $400,000 from the St. Matthews branch of the CPM Federal Credit Union from August 2002 through June 2004. She was sentenced to 37 months in prison and ordered to pay nearly $400,000 in restitution to the victims whose names she used in her scheme. Spigner created fictitious loans in the names of credit union members and non-members, and took the loan proceeds for herself. Spigner also added on to existing members loans, and made unauthorized withdrawals from member’s CD’s.
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