Valor FCU CEO Sean Jelen and Ochsner Clinic FCU CEO Jacqueline Ray receive prohibition orders, barring them from participating in the affairs of any federally insured financial institution.
Executives with very controlling personalities should serve as a warning sign for potential fraud, experts say.
Timing and luck enables Catherine Linton to steal from the now-closed Trailblazer FCU over 17 years.
Former Valor FCU CEO Sean Jelen, 33, embezzles $718,000 to cover personal expenses.
Expert says a lack of internal controls at Clarkston Brandon Community CU enabled Michael A. LaJoice’s 13-year scheme.
How credit unions are keeping threats at bay.
Cheryl Vickers' familiarity with Houston Police FCU's accounting and core processing systems allows her to steal more than $1M.
Security experts warn insider data misuse often leads to costly breaches for credit unions.
Ninotti and Anthony were two of five defendants who admitted to participating in a $45,000 fake loan scheme.
A Connecticut credit union manager admits she used fraudulent HELOCs to embezzle hundreds of thousands of dollars.