Six Navy Federal Members Face Felony Fraud Charges

The members allegedly deposit fake checks into their accounts after targeting elderly bank customers.

By Peter Strozniak | May 08, 2024 at 03:00 PM

Credit/Shutterstock

Federal prosecutors alleged six members of the $178 billion Navy Federal Credit Union were involved in a bank fraud scheme with 15 other persons who allegedly stole an estimated $200,000 from three banks and the Vienna, Va., -based financial cooperative.

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Former Credit Union Employee Sentenced in $2 Million Wire Fraud Scheme

By Peter Strozniak | May 17, 2024

Jose Prado-Valero receives more than $100,000 in cash kickbacks from remote co-conspirators.

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$3.4 Million Fraud Victimizes Alabama's Largest Credit Union

By Peter Strozniak | May 16, 2024

Eighteen persons are arrested and charged with theft, and arrest warrants are issued for five other individuals.

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Sentence Handed Down in Bayer Heritage FCU Theft

By Peter Strozniak | May 09, 2024

Brandon Watkins uses member account numbers and personal information to access their funds via ITMs.

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