Wisconsin's Department of Financial Institutions said Monday it is investigating alleged substantial irregularities at the $28 million Oshkosh Central Credit Union. The investigation prompted the suspension of two of its employees last week, said George Althoff, a DFIspokesperson.
Althoff confirmed a local media report that the irregularities, uncovered recently during a routine examination by DFI auditors, involve a substantial amount of money.
In an interview with CU Times, Althoff would not specify the amount of funds involved or identify the employees suspended by Oshkosh Central CU board of directors because the state's investigation is still underway.
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