AEA FCU

• AEA FCU Acquires Co-Conspirator Ruiz’s Houses

  By Michelle A. Samaad  |  August 10, 2012

  Ruiz was a co-conspirator in a business lending kickback scheme with the credit union’s former vice president of business lending, William Liddle.

• AEA FCU: Liddle, Wife to Pay $25 Million for Roles in Business Loan Scam

  By Michelle A. Samaad  |  June 15, 2012

  William Liddle and his wife, Rhonda, have agreed to pay more than $25.3 million for participating in a business loan kickback scheme involving AEA FCU.

• William Liddle Receives 15-Year Sentence in AEA Federal Credit Union Case

  By Michelle A. Samaad  |  June 4, 2012

  Former vice president found guilty of 54 counts of fraud that led to the near collapse of AEA Federal Credit Union sent to prison.

• AEA FCU: Liddle Gets New Sentencing Date, Police Probe Stabbing Claim

  By Michelle A. Samaad  |  May 23, 2012

  After meeting a noon deadline Tuesday for confirming William Liddle’s reported stabbing, the former AEA Federal Credit Union lending executive will be sentenced June 1.

• AEA FCU: Judge Suspicious of Liddle’s Stabbing, May Issue Warrant

  By Michelle A. Samaad  |  May 22, 2012

  Federal judge says proof by noon Tuesday or warrant issued.

• AEA Federal Credit Union Improves Financials, Spiffs Up Image

  By Heather Anderson  |  May 4, 2012

  Improved financials, new products and services under NCUA conservatorship following insider lending fraud case.

• AEA Federal Credit Union Accomplice Gets Two-Year Prison Term

  By Michelle A. Samaad  |  April 10, 2012

  A co-conspirator in the business lending kickback scheme that led to the collapse of AEA FCU has been sentenced to 24 months in prison.

• AEA Suit Tossed Out

  By Michelle A. Samaad  |  March 25, 2012

  In the latest update involving AEA Federal Credit Union, a judge has rejected claims from a real estate developer that the NCUA-conserved cooperative is still responsible for funding his projects.

• Segregation of Lending Duties Is Key

  By Michelle A. Samaad  |  March 19, 2012

  The timing of a collaboration between two of the industry’s well-known entities to fight employee dishonesty could not have come soon enough.

• AEA Loan Officer Found Guilty

  By Michelle A. Samaad  |  February 20, 2012

  After a two-week trial that included several witnesses testifying against each other, a jury found William Liddle, a former loan officer at AEA Federal Credit Union, guilty of several counts of fraud and money laundering.