The former CEO of a Baltimore CU and her police sergeant husband are accused of stealing more than $100,000.
A letter to members states a former exec of the Texas CU embezzled funds over a long period of time.
Joe Spaqi is the latest embezzler sentenced in a fraud case that led to a credit union’s 2010 collapse.
Jolina Monique Sanchez is accused of embezzling $240,000 from a merged California credit union.
Dorothy Stegall Barnes, former AVP of tellers for Pantex FCU, faces punishment for an $826,000 theft.
Kathryn Simmerman admits to stashing cash from Shoreline FCU’s vault in her purse for 13 years.
The embezzlement sentencing for Louisa Gabaldon, an excessive gambler, came after a fierce legal dispute.
Responding effectively when fraud happens is just as important as preventing it.
Pressure, opportunity and rationalization are the key ingredients in an internal fraud case.
Former Peoples CU exec Sherrie Rivera could get 10 years for pocketing $385,000 from member accounts.