lending fraud

• Developer Sent to Prison Over New Mexico Credit Union Fraud

  By David Morrison  |  April 30, 2013

  Vincent J. Garcia convicted of defrauding First FInancial Credit Union in Albuquerque deal.

• Michigan Auto Loan Scam Hits Area CUs, Banks

  By Michelle A. Samaad  |  April 2, 2013

  Several credit unions and banks were allegedly defrauded out at least $200,000 through inflated auto loans and forged titles.

• Auto Lending Scams Grow, Prompt Alerts

  By Michelle A. Samaad  |  March 27, 2013

  A Lexus dealership, sun-soaked Miami Beach, a rogue police officer and nearly a dozen criminal accomplices. It might sound like the early sketches of a Hollywood action film, but the setting and characters are real.

• Magistrate Says Dismiss the Case of Inmate Suing CU He Defrauded

  By David Morrison  |  February 25, 2013

  Michigan fraudster's claims he's defending interests of Lake Michigan CU's membvers "transcends the frivolous," federal magistrate reports.

• Convicted Fraudster Suing Credit Union He Ripped Off

  By David Morrison  |  February 14, 2013

  Businessman sues Lake Michigan CU for not protecting members from his thievery.

• March Trial Date Set For St. Paul Croatian Suspect

  By Peter Strozniak  |  February 6, 2013

  A March 11 trial date has been set for Gezim Selgjekaj of Avon Lake, Ohio, who pleaded not guilty to a 28-count indictment on Jan. 17 that accused him of illegally receiving more than $11 million in the $70 million St. Paul Croatian Federal Credit Union fraud case.

• St. Paul Croatian FCU Conviction Nets Seven Years in Prison for Cleveland Businessman

  By Peter Strozniak  |  February 5, 2013

  A. Eddy Zai also ordered to pay $23 million in restitution to NCUA.

• Illinois Restaurateur Gets Prison Stay in St. Paul Croatian FCU Case

  By Peter Strozniak  |  February 1, 2013

  Bujar Sejdic gets two years in federal prison, ordered to pay $1.6 million in restitution in Cleveland fraud conviction.

• NCUA Bans Three Former CU Executives

  By Heather Anderson  |  January 31, 2013

  Former Arizona, Massachusetts, Rhode Island credit union executives hit with prohibitions.

• NCUA Bans Former AEA FCU Lending Officer

  By Michelle A. Samaad  |  January 31, 2013

  William Liddle already had been sentenced to 15 years in prison and ordered to pay back $25 million in restitution.