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

The Manhattan district attorney's office said Michael Collins, 61, used the funds he stole to buy a $150,000 engagement ring from a boutique jewelry store (not pictured).

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• Michael Collins, 61, was a marketing executive at the CFA Institute and Pearson from 2016 to 2024.
• The Manhattan district attorney's office said he embezzled nearly $6 million from his employers.
• Prosecutors said he created two fictitious companies to submit invoices...