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The former president of the Oregon Retailers of Cannabis Association pleaded guilty last week to stealing more than $700,000 from a dozen credit unions and a bank.

From January 2014 to July 2016, Nicholas J. Saulsberry, 30, created websites that claimed to be legitimate businesses that were seeking new employees.  Job candidates filled out online employment applications that included their Social Security numbers, addresses, dates of birth and other personal information.  Saulsberry used this information to open more than 100 credit or loan accounts at 13 financial institutions across the nation, according to federal prosecutors.

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Peter Strozniak


Credit Union Times

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