the St. Paul Employees Postal Credit Union
A onetime employee with an east metro credit union admitted Monday
liang that he cheated a computer parts manufacturer out of nearly $400,000 by selling replacement computer parts that he falsely obtained from the company.
Phillip A. Webb, 46, of Brooklyn Park, pleaded guilty in federal court in Minneapolis to mail fraud as part of the scheme that ran from June 2007 to October 2009.
Webb, as network services manager for the St. Paul Employees Postal Credit Union, notified Cisco Systems Inc. of Bloomington that various parts in the PCU's computer systems were faulty. These reports
liang prompted Cisco to ship replacement parts and require the PCU to send back the faulty parts.