The timing of a collaboration between two of the industry’s well-known entities to fight employee dishonesty could not have come soon enough.
A judge has rejected claims from a real estate developer that the NCUA-conserved AEA Federal Credit Union is still responsible for funding his projects.
Prosecutors recommend developer get year in prison, probation after testifying against former credit union lending officer.
After a two-week trial that included several witnesses testifying against each other, a jury found William Liddle, a former loan officer at AEA Federal Credit Union, guilty of several counts of fraud and money laundering.
William and Rhonda Liddle convicted in Arizona business loan case.
Two major credit union cases involving business loan fraud made news over the past week.
A jury is currently hearing testimony in the case involving William Liddle, who was allegedly involved in a loan kickback scheme.
Faces sentencing in October; admits paying kickbacks for $22 million in loans for now failed kids park and nightclub.
Former vice president, wife, associate accused in apparent $1 million kickback scheme.