Used car dealer Andysheh Ayatollahi admits to a scheme that led Navy Federal to post a $867,388 loss.
A Sweden-based credit union swindles more than $17 million from 400 investors in the U.S. and other nations.
To sidestep a small Illinois credit union’s loan limit, Christopher Kreider gets friends to make false statements on applications.
Samuel J. Cusumano Jr. gets 12 years for defrauding investors while operating a Sweden-based credit union.
Four credit union employees plead guilty to theft and embezzlement.
BVS alleges CUES lied about working with the training company to attract customers; CUES firmly denies the claims.
Payday loan alternatives and fraud alerts benefit members plus boost credit unions’ bottom lines.
Authorities issue an arrest warrant for theft for Lake Chem Community FCU’s Jennifer Hicks, who went missing Feb. 9.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
Fraudsters often pose as financial institution representatives to coerce personal information from victims.