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.
Tamra Robinson stole cash from the vault, an ATM and teller drawers over a three-year period.
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.
Paul C. Smith, former president of the recently merged Laclede Community Credit Union, admits he stole $60K.
A former Suncoast FCU teller receives a three-year prison sentence for her role in a fake IRS refund check scheme.
Two former CU employees, a wholesale auto vendor and an ID thief face justice.
Court charges Michael Dicenzo with tax fraud for accepting kickbacks for loan approvals.