Prosecutors say the CFA Institute's former marketing chief embezzled millions and bought a $150k engagement ring

Prosecutors say the CFA Institute's former marketing chief embezzled millions and bought a $150k engagement ring

Anastasia Babenko via Getty Images

The Manhattan district attorney's office said on Monday that it had charged the CFA Institute's former chief marketing officer for embezzling millions. Prosecutors said he used the money to splurge on club memberships and luxury goods.

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