loan fraud

• Sentencing Now Nov. 26 for St. Paul Croatian FCU CEO

  By Peter Strozniak  |  November 20, 2012

  Anthony Raguz was to be sentenced Tuesday for his role in the defrauding, collapse of Cleveland credit union.

• Developer Pleads Guilty to Defrauding Denali Alaskan FCU in $9.5 Million Deal

  By Michelle A. Samaad  |  September 13, 2012

  Anchorage developer misrepresented construction status, faces up to 30 years in prison and $1 million fine.

• Credit Unions, Banks Bilked in $16 Million Jiffy Lube Scam

  By Michelle A. Samaad  |  August 27, 2012

  Defendants in Pennsylvania case accused of fraudulently obtaining business loans in Indiana, California, Illinois.

• Big Loan Fraud Felled New York Credit Union

  By Heather Anderson  |  August 27, 2012

  A bulletin released last week by the FBI revealed the reason the NCUA seized the $52 million Broome County Teachers FCU of Binghamton, N.Y., in June of 2011. Loan fraud.

• Poor Due Diligence Enabled Criminals to Defraud BCT FCU

  By Heather Anderson  |  August 24, 2012

  A CEO close to case says Broome County Teachers FCU failed to conduct proper due diligence that resulted in a $14 million fraud and the credit union's demise.

• 

  $14 Million Fraudster Was Credit Union Contractor

  By Heather Anderson  |  August 23, 2012

  Builder's website says he renovated now-failed BCT FCU's Montrose, Pa., branch. Faces sentencing in December along with his mother.

• $14 Million Loan Fraud Scheme Caused New York Credit Union Failure

  By Heather Anderson  |  August 22, 2012

  Mother, son plead guilty to stealing $14 million from now-defunct Broome County Teachers FCU in Binghamton.

• HeritageWest CU Responds to Ex-Mayor’s Skimming Charges

  By Michelle A. Samaad  |  July 26, 2012

  The $330 million HeritageWest Credit Union said it was an innocent victim in a case involving an equity skimming scheme.

• Former Utah Mayor Pleads Guilty in Credit Union Auto Loan Skim

  By Michelle A. Samaad  |  July 24, 2012

  Eric A. Richardson, the former mayor of Cedar Hills in Utah, has pleaded guilty for his role in an auto loan application skimming case.

• FinCEN: California, Nevada, Florida Lead Mortgage Fraud

  By David Morrison  |  June 26, 2012

  Credit unions in California, Nevada and Florida may want to warn members of the dangers lurking in many offers to help them with mortgage woes.