U.S. Department of Justice

• Space Coast CU’s Mortgage-Backed Securities Suit on Hold

  By Michelle A. Samaad  |  February 8, 2013

  Federal court in Florida says it needs more time to review motions from banks and ratings agencies.

• WesCorp Losses Center of DOJ’s Suit against S&P

  By Heather Anderson  |  February 5, 2013

  Justice Department cites failed corporate in lawsuit, says S&P rigged ratings to please bank customers.

• FBI Reports Unprecedented Rise in Investment Fraud Schemes

  By Michelle A. Samaad  |  October 5, 2012

  Since 2011, victims of investment fraud schemes have lost more than $20 billion, according to the FBI.

• NCUA Names JeanMarie Komyathy to Director of Risk Management Post

  By Marc Rapport  |  August 8, 2012

  Veteran examiner assumes her new duties on Sept. 3 and succeeds Tim Segerson, who earlier this year became deputy director of E&I.

• Could an ATM be the Reason for a Lawsuit?

  By E. Andrew Keeney  |  June 22, 2011

  ADA standards must be met, and credit unions should protect against scammers who remove fee notices and then sue.

• Coreflood Botnet Shut Down

  By Natasha Chilingerian  |  April 27, 2011

  Federal agents seized and replaced five command and control servers and 29 domain names used by the botnet to hack financial accounts.

• U.S. Dept. of Justice Shuts Down Coreflood Botnet

  By Natasha Chilingerian  |  April 15, 2011

  The U.S. Department of Justice is shooting down Coreflood.

• Nine Indicted for St. Paul Croatian Collapse

  By David Morrison  |  March 2, 2011

  The U.S. Department of Justice has indicted nine people, six men and three women, for fraud, bribery and money laundering in connection with the collapse of the $239 million St. Paul Croatian Federal Credit Union.

• Members Embrace Skip Pay Linked to Charities

  By Marygrace Murphy  |  February 16, 2011

  Allowing members in good standing to skip a loan payment during the holiday season can provide them with an extra financial cushion to help cover their expenses.

• Reactions Vary to DOJ Card Actions

  By David Morrison  |  October 5, 2010

  Consumer and retail groups are praising the U.S. Department of Justice's actions against major credit card brands, but analysts are split about whether the moves will result in real lower prices for consumers.