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Mark Moody, one of the managers of North Star Business Services LLC, told Credit Union Times the fraudulent payment collection claims the NCUA has brought against the defunct CUSO are false.

Moody said he received the NCUA complaint last night and was surprised to hear of the allegations. The Nov. 8 suit said NSBS continued to collect payments on 18 commercial loans allegedly owned by Ensign Federal Credit Union, which did business with the CUSO and was liquidated in November 2009 by the regulator.

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