The now-merged GHW FCU is under investigation by its bonding company following unusual events including an office fire.
Former Bear Paw CU head teller Peggy S. Teel embezzles almost $130,000 from the credit union over nine years.
Peggy S. Teel is charged with embezzling $129,409 from Bear Paw Credit Union.
Simply creating a positive work environment goes a long way in preventing employee theft and fraud.
Get the latest tips from experts on internal fraud prevention.
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.