Former CFA Executive Gets Up to 9 Years for Embezzlement

News June 22, 2026 at 01:54 PM
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What You Need To Know

  • The CFA Institute’s former chief marketing officer will be eligible for parole after three years.
  • Michael J. Collins was convicted of embezzling almost $6 million from the institute and another company.
  • The institute said in an impact statement that Collins’ theft compromised its credibility.

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