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Ex-CFA Institute Executive Pleads Guilty to $6M Theft
News April 23, 2026 at 02:08 PM
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What You Need To Know
- Michael Collins pleaded guilty to embezzling almost $6 million from the financial education group and another company.
- Collins faces as long as nine years behind bars.
- He stole the money to fund a lavish lifestyle that included club memberships, travel and the purchase of a $150,000 engagement ring.
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