Rhonda Liddle, wife of convicted AEA executive William Liddle, appeals her conviction on technicalities and lack of evidence.
Two years ago, AEA Federal Credit Union’s future looked bleak as it nearly succumbed to the greed of a lending officer who took the cooperative to the brink of collapse.
Mendivil had been serving as executive vice president of the conserved Arizona credit union for the past two years.
This in-depth look at a conserved and now recovering Arizona credit union is a preview from next week's print edition of Credit Union Times.
William Liddle already had been sentenced to 15 years in prison and ordered to pay back $25 million in restitution.
From rings of alleged thieves working together with an auto dealership and a police officer to get loans to buy cars to an equity skimming scheme used to buy luxury items, over the past few months, credit unions have been bilked in cases that end up costing millions of dollars...
Ruiz was a co-conspirator in a business lending kickback scheme with the credit union’s former vice president of business lending, William Liddle.
Frank Ruiz, convicted of conspiracy and money laundering, is scheduled to start his two-year prison sentence this week.
William Liddle and his wife, Rhonda, have agreed to pay more than $25.3 million for participating in a business loan kickback scheme involving AEA FCU.
Former vice president found guilty of 54 counts of fraud that led to the near collapse of AEA Federal Credit Union sent to prison.