Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Two weeks after he pleaded guilty to bank fraud and attempted bank fraud, Sean Jelen filed a civil lawsuit claiming another credit union allegedly offered him a CEO job and then rescinded the offer after learning he had Crohn’s disease.

On July 15, the former president/CEO of the $231 million Valor Federal Credit Union admitted to committing a series of fraudulent schemes, including embezzling more than $700,000 from the Scranton, Pa.-based cooperative.

Peter Strozniak


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
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.