Former Arizona Credit Union CEO Sentenced in $2.3 Million Embezzlement Case

Susan Romero funnels a "significant portion" of the stolen funds for her daughter's struggling medical practice.

By Peter Strozniak | March 28, 2022 at 05:21 PM

judge's gavel sits in front of prison cell bars.

Susan Irene Romero began embezzling from the $17.2 million Winslow Santa Fe Credit Union in December 2012. But it wasn't until May 2019 that the board of directors confronted the 64-year-old former president/CEO about financial discrepancies revealed by an annual audit.

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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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