The Honolulu FBI says three employees embezzled funds in similar ways from the $12M OTSEFCU, but did not collaborate.
Thanks to an alert branch manager and astute IT staffers, the $252M credit union cracked a $10M identity theft case.
The $252M Widget Financial FCU helps the FBI bust a five-person ring that stole $10 million over nine years.
Debra Kinney, the former CEO of Border Lodge Credit Union in Derby, Vt., will serve three years in federal prison for embezzling more than $630,000 from accounts of 33 members.
Sarah Moore was CFO leading up to one of the largest bank failures in U.S. history.
Three years in prison for $630,000 theft from $3.1 million credit union.
Authorities say Wilkes-Barre City Employees FCU Manager Jim Payne killed himself March 10, as the FBI opened up an investigation into the cooperative.
Credit union manager Jim Payne shoots himself on Monday. Law enforcement, regulators on scene Tuesday.
CLEVELAND - Michael Ruksenas was sentenced Friday to 17 months in prison for stealing more than $480,000. The family relationship was revealed in court.
Rhonda Liddle, wife of convicted AEA executive William Liddle, appeals her conviction on technicalities and lack of evidence.