Credit Union Loan Officer Helps Police Arrest Accused 'Con Artist' Pastor

Clergyman who allegedly used a 91-year-old member to get a loan to buy a boat faces embezzlement charges.

By Peter Strozniak | July 30, 2019 at 02:21 PM

The sharp eyes of a credit union loan officer led to the arrest of a pastor who attempted to take out a loan for a pontoon boat with a power of attorney document allegedly signed by a 91-year-old member of the $721 million ELGA Credit Union based in Burton, Mich.

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Fraud & Enforcement

1 Turbulent Annual Meeting Expected at Nation's Second Largest Credit Union

2 Multi-Billion-Dollar Credit Unions in California & Massachusetts Plan Merger

3 More Than a Million People Affected by Patelco Credit Union's Data Breach

4 NCUA Bans Two Former Credit Union Employees for Embezzlement/Theft

5 The Evolving Role of the Loan Origination System

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Google Is Sued by Texas Credit Union Over Alleged Search Engine 'Monopoly'

By Kat Black | October 03, 2024

The lawsuit, which accused Google of abusing its "monopoly power" to exert unchecked control over the "quantity of ad inventory."

Google Is Sued by Texas Credit Union Over Alleged Search Engine 'Monopoly'

Prosecutors Allege Former Montana Credit Union Employee Stole $340,000

By Peter Strozniak | October 02, 2024

Edward Arthur Nurse allegedly swapped real money in a branch vault for fake funds over 11 months.

Prosecutors Allege Former Montana Credit Union Employee Stole $340,000

NCUA, Other Regulators Recognize 'Serious Impact' of Hurricane Helene

By Michael Ogden | October 02, 2024

Federal and state financial regulators issue a statement on supervisory practices for FIs impacted by the deadly storm.

NCUA, Other Regulators Recognize 'Serious Impact' of Hurricane Helene

From Data to Decisions: The Impact of Advanced Reporting on Credit Union Efficiency link

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