Several credit unions were the alleged victims of an auto lease theft ring that involved a Miami Beach, Fla., police officer and nine other persons.
Eric A. Richardson, the former mayor of Cedar Hills in Utah, has pleaded guilty for his role in an auto loan application skimming case.
Frank Ruiz, convicted of conspiracy and money laundering, is scheduled to start his two-year prison sentence this week.
William Liddle has claimed that he was stabbed by an unseen assailant on the day he was scheduled to be sentenced in court.
After meeting a noon deadline Tuesday for confirming William Liddle’s reported stabbing, the former AEA Federal Credit Union lending executive will be sentenced June 1.
Prosecutors recommend developer get year in prison, probation after testifying against former credit union lending officer.
A federal grand jury recently indicted Lee Baker Jr., a prominent real estate developer, for alleged fraud for making false statements to obtain loans from Denali Alaskan Federal Credit Union.
Developer accused of making false statements to obtain loans.
The 135,000-member Royal Credit Union has purchased the mortgage servicing rights to $600 million in mortgage loans from a local bank that the FDIC subsequently took over and sold to another bank.