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Theft charges against a former credit union teller. Source: Shutterstock.

A six-person New Hampshire crime ring allegedly scammed credit unions and banks into opening accounts claiming they represented religious organizations such as the Crypto Church of NH, the Church of the Invisible Hand and the Reformed Satanic Church.

In reality, the phony churches were fronts for operating accounts to support an illegal $10 million virtual currency exchange business, federal prosecutors alleged in a 20-felony count indictment on Monday filed in U.S. District Court in Concord, N.H.

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Peter Strozniak

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Credit Union Times

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