7-Plus Years in Prison for Fraud Ringleader Who Stole Millions From Credit Unions

Criminals circumvented credit union and bank fraud protections by using accounts that had been opened for five years or longer.

By Peter Strozniak | August 28, 2024 at 03:00 PM

A California man who led a nine-person conspiracy ring that stole more than $2.7 million from credit unions and banks was sentenced to 87 months in federal prison, the U.S. Attorney's office in Los Angeles said.

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Fraud & Enforcement

1 Coastal & Truliant Credit Unions Join Auto Forces

2 Minimum Wage Workers Find It Harder to Meet Rent

3 Credit Unions in Illinois, Washington, Indiana & Minnesota Appoint New CEOS

4 CLF & FOM Expansion Bills Introduced

5 Driving Loyalty Forward: Car Rentals in the New Era of Credit Union Rewards

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CLF & FOM Expansion Bills Introduced

By Michael Ogden | December 20, 2024

The credit union industry, for the most part, supports these efforts to encourage CU growth.

Credit Unions in Illinois, Washington, Indiana & Minnesota Appoint New CEOS

By Peter Strozniak | December 20, 2024

Roberta Kozlowicz will become CEO at DuPage CU in January, succeeding Diane Shelton, who will retire at the end of year after 40 years of service.

Credit Unions in Illinois, Washington, Indiana & Minnesota Appoint New CEOS

Coastal & Truliant Credit Unions Join Auto Forces

By Jim DuPlessis | December 20, 2024

N.C. credit unions form CUSO to sell cars with Winston-Salem car dealership with ties to other credit unions.

Coastal & Truliant Credit Unions Join Auto Forces

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