Former Credit Union CEO Facing 20 Years in Prison

Stanley Hayes will serve up to 20 years in state prison.

By Peter Strozniak | April 30, 2018 at 10:00 AM

Michigan judge last week sentenced former Valley State Credit Union President/CEO Stanley Hayes to serve up to 20 years in prison for embezzling $710,000.

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Fraud & Enforcement

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5 Man Allegedly Deposits $7 Million in Stolen U.S. Treasury Checks at Credit Unions

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New Mexico Judge Approves $1.6 Million Credit Union Data Breach Settlement

By Peter Strozniak | May 02, 2024

The deadline for members of First Financial Credit Union to submit claims for reimbursements and cash payments is today.

New Mexico Judge Approves $1.6 Million Credit Union Data Breach Settlement

Man Allegedly Deposits $7 Million in Stolen U.S. Treasury Checks at Credit Unions

By Peter Strozniak | May 01, 2024

Federal prosecutors charge Kyle Eugene Duncan-Carle with bank fraud, aggravated identity theft and receipt of stolen government property.

Man Allegedly Deposits $7 Million in Stolen U.S. Treasury Checks at Credit Unions

Conspirator From Gang of Eight Admits to Targeting Credit Union Shared Branching Network

By Peter Strozniak | April 30, 2024

Victor Barriera and seven others steal nearly $1 million from credit unions throughout the nation.

Conspirator From Gang of Eight Admits to Targeting Credit Union Shared Branching Network

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