Crime ring stole nearly $1 million from four credit unions with locations in Chicago.
Former Pinal County FCU accounting assistant issued CU checks for her personal use.
Automated call claiming to be from the NCUA has attempted to gain personal information from several credit union members.
Chargebacks911 mitigation company pins much of the damage on line retailers not answering chargeback cases.
Agency added new search feature for administrative actions in December that includes enforcement actions of other federal regulators.
The breach, which reportedly involved the theft of mag stripe data, will have a significant impact on credit unions and members.
Identifying internal fraud risks became a hot topic in 2013 as groups presented webinars and articles on the topic.
Identifying internal fraud risks became a hot topic in 2013 as groups presented webinars and published articles on the topic.
One credit unions, walking distance from the NCUA that was once a shining star among small credit unions crumbled this year amid allegations of fraud, embezzlement and the suicide of its manager.
During the last 25 years, I have been involved in the investigation of many fraud cases. Some theft was for only small amounts used to purchase personal goods like booze, underwear, jewelry and car repairs. Other cases resulted in millions stolen over long periods of time exceeding 10, 20 or...