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Credit Union Times extensively covers fraud and embezzlement crimes happening inside the credit union industry involving some credit union staff.
The former MCU CEO has been ordered to pay restitution of $9.8 million, which he stole to live a lavish lifestyle.
Sherry Ann Allen is sentenced for embezzling $1.2 million and Jihan Michelle Davis faces charges for stealing $52,000.
Prosecutors seek a substantial prison sentence, while his attorney pleads for leniency because of Wong's gambling addiction and drug use.
Duane Allen Sikes admits to embezzling $5.4 million from a Florida credit union.
Former California credit union CEO pleads guilty to bank fraud in federal court Monday.
NCUA named as conservator of one of New York's largest cooperatives.
Edward Rostohar agrees to forfeit assets and properties that could be worth millions.
Several elderly credit union members are victimized.
Supervisors steal hundreds of thousands; board member abuses his position for loan approvals while his wife serves as CEO.
Kevin Robert Lee uses most of the stolen $800,000 to pay for in-app video games.