Two employees at a $4.2M Illinois community credit union are sentenced for their crimes.
Debra Pyfrom admits she stole from the $6.3M IBEW Local 816 FCU, which was liquidated by the NCUA July 10.
Charles Juska pleaded not guilty to charges he created fraudulent loans to cover delinquencies.
Apps offered in Google's online store can no longer be guaranteed safe.
Tamra Robinson stole cash from the vault, an ATM and teller drawers over a three-year period.
Because the virtual currency has increased in value, the SEC worries investors could become fraud targets.
The IBEW Local 816 FCU was ruled insolvent despite conflicting financial reports.
Jessica Sorensen receives light jail time and probation for brazen fraud.
Experts say new threats face credit unions this year when it comes to fraud and theft.
SAN FRANCISCO – Credit unions have experienced losses as high as seven figures due to fraudulent transfers, loans and online transactions, CUNA Mutual expert says.