Linda Sue Newcomb signs a plea agreement and faces seven to 12 years in federal prison.
Although it will be at their own pace and on their own terms, millennials will borrow to buy cars.
In January, 16 individuals were indicted in a $10 million federal income tax fraud scheme that was initially uncovered by the $262 million Widget Financial Federal Credit Union in Erie, Pa. last spring, according to federal prosecutors.
Widget Financial FCU uncovers $10M scheme by individuals who tried to open 3,493 accounts at 443 banks and credit unions.
Take a look back at the biggest hacks, attacks and breaches of the year.
Judge says consumer suit can proceed because victims suffered actual losses.
Rule would allow two new same-day settlement windows for three ACH network settlements each day.
Center for Financial Service Innovation estimates underserved consumers spent $1.3 trillion on financial products and services.
An estimated 70% of Jamaicans are unbanked, but 67% have smartphones. Mobile wallets are an obvious solution.
A U.S. District Court judge in Alexandria, Va., sentenced Timothy J. Coughlin, 63, of Indianapolis to more than seven years in federal prison the week of Oct. 20 for embezzling $10 million through a fake credit union.