Executive Of Waterbury Company Pleads Guilty Embezzlement: Feds

WATERBURY, CT — A former executive pleaded guilty to charges she embezzled more than $250,000 from her employer, according to a statement from prosecutors. Tara Kewalis, 50, of Beacon Falls, was the president and chief executive officer of Skyline Financial Federal Credit Union in Waterbury.

From September 2016 until she was terminated in March 2021, Kewalis used her position to access the credit union’s accounting system to create fraudulent accounts and make fraudulent entries, and steal $254,532 in credit union funds, according to prosecutors.

Kewalis pleaded guilty to one count of embezzlement by a credit union officer or employee, a crime that carries a maximum prison term of 30 years. She will be sentenced March 1.

Kewalis was released on a $50,000 bond pending sentencing.