In June 2011, NCUA banned person from working with federal credit unions.
SEC won't say if credit union accounts were among those drained.
The House defeats an anti-marijuana amendment and passes one that supports legal drug businesses.
Indianapolis man accused of bilking more than 5,000 investors.
Announcement comes as two credit unions begin offering services to marijuana businesses.
Snubbed by lenders, entrepreneurs are taking their pitches to the people.
Despite signing a non-disclosure agreement, a financial adviser downloads member info onto a flash drive and takes it to his new bank job.
At press time, the SEC said it was continuing its investigation after charging an Indianapolis man with fraud for conducting an Internet offering that cost investors millions of dollars who invested funds in fictitious credit unions.
Website operators tell CU Times they were not aware of founder's arrest.
Sarah Moore was CFO leading up to one of the largest bank failures in U.S. history.