Andrew Belzinskas gets two years in prison for his role in the $15 million fraud scheme.
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.
Pressure, opportunity and rationalization are the key ingredients in an internal fraud case.
Responding effectively when fraud happens is just as important as preventing it.