The NCUA seeks to recover damages from a credit union failure allegedly caused by internal fraud.
Dona Takushi's lawyer tells local media his client 'went off the tracks' when she stole $120,000 from a Hawaii credit union.
The two latest reports of internal credit union fraud both involve cooperatives serving law enforcement.
Jenny Nishida receives 13 months in prison for her theft of nearly $360,000.
The NCUA liquidates the $5M Louden Community CU. Its June 30 financials are far better than peers.
The regulator issues prohibition orders to three former credit union employees who pleaded guilty to fraud and embezzlement.
FBI agent tells CU Times he's never seen a case where three employees independently stole from the same institution without collusion.
The former assistant manager and four members of the $40M Wilkes-Barre City Employees FCU plead not guilty to a straw loan scheme.
Two city police officers are among the members accused of defrauding the $40 million Wilkes-Barre City Employees FCU in Pennsylvania.
A new NCUA video series, CUNA Mutual Group and a risk management vendor provide tips for credit unions to prevent employee fraud.