The former assistant manager/treasurer of the failed GICFCU receives federal prison sentence and hefty restitution bill.
The FBI is investigating whether the former manager of the former Parsons-Pittsburg Credit Union embezzled $10 million and gambled it away at casinos in Oklahoma and Missouri, according to documents filed in U.S. District Court in Wichita, Kan.
Former employee of liquidated Parsons-Pittsburg Credit Union cites millions in gambling, court documents say.
An FBI lead investigator suggests credit unions step up efforts to prevent fake online account openings.
Svetislav Vujovic is convicted on 13 counts for his role in a fraud scheme that cost the NCUSIF $186M.
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.