Feds File New Indictment in $3 Million Fraud That Targeted CU Shared Branching Network

The new court filing says 14 persons were involved in the nationwide conspiracy that used fake IDs to steal money from credit unions and banks.

By Peter Strozniak | October 22, 2024 at 03:42 PM

Federal prosecutors filed a superseding indictment against two leaders and six other persons who were allegedly involved in a $3 million fraud conspiracy that targeted credit unions in the shared branch network.

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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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