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Brace agrees to pay $4.6 million civil settlement to UMCC

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United Mid-Coast Charities announced a settlement April 15 with former charity President Russell "Rusty" Brace in a civil suit between the organization and Brace. Under the terms of the agreement, Brace has agreed to pay $4,646,636, according to a news release from UMCC's attorney, Jay McCloskey. In connection with the civil settlement Brace admitted to breach of duty, fraud and conversion of money belonging to ...

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