A chief financial officer has been arrested on charges of theft and embezzlement. The individual in question is Cory Hilliard, who holds the position at USA Swimming. As a result of the arrest, USA Swimming has placed Hilliard on leave.

This action was taken on Monday, after the organization learned of the arrest. Further details about the situation are available from KTVU FOX 2 News, the source of this information. At this time, the specifics of the charges against Hilliard are not provided here, but can be found through the news outlet.