Thank you for sharing!

Your article was successfully shared with the contacts you provided.

A former loan officer at the $604 million ConsumersCreditUnion in Waukegan, Ill. was sentenced in federal court last week to 35 months in prison and ordered to pay restitution for a scheme that involved $1.4 million in fraudulent loans, according to the U.S. Attorney’s Office in Milwaukee, Wisc.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.