AEA FCU Acquires Co-Conspirator Ruiz’s Houses

Ruiz was a co-conspirator in a business lending kickback scheme with the credit unions former vice president of business lending, William Liddle.

By Michelle A. Samaad | August 10, 2012 at 10:38 AM

The deeds to two houses owned by Frank Ruiz now belong to AEA Federal Credit Union.

Ruiz was a co-conspirator in a business lending kickback scheme with the credit union's former vice president of business lending, William Liddle.

Ruiz previously pled guilty to several counts including conspiracy and money laundering for his role in defrauding the $245 million AEA in Yuma, Ariz.

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