Joe Spaqi is the latest embezzler sentenced in a fraud case that led to a credit union’s 2010 collapse.
Attackers are increasingly tricking targets into infecting themselves with bogus software updates, report says.
Ukrainian national held without bond for allegedly developing Dorbik criminal organization, which sold compromised data and counterfeit cards.
Former St. Paul Croatian FCU President/CEO Anthony Raguz, whose actions helped trigger one of the largest credit union failures in history, pleaded guilty on Sept. 29 to six criminal counts, including bank fraud, money laundering and bank bribery in federal court in Cleveland.
More than a year after St. Paul Croatian Federal Credit Union was conserved and liquidated because of losses from fraud, there have been indictments, federal and international investigations and money hunts, and a lawsuit against the NCUA.
The troubles at Nevada’s Silver State Schools Credit Union, which include a 2% pay cut in September, reverberated across the state again last week.