Former CEO Gets 42-Month Prison Sentence for Credit Union Embezzlement

Phillip Topping steals $267,000 from a church-lobby ATM and teller cash drawer at an Alabama credit union.

By Peter Strozniak | March 21, 2023 at 04:50 PM

A federal judge ordered a former president/CEO, Phillip Brian Topping, to begin his 42-month prison sentence in July for embezzling $267,000 from the $1.1 million New Pilgrim Federal Credit Union in Birmingham, Ala.

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Former Credit Union Employee Sentenced in $2 Million Wire Fraud Scheme

By Peter Strozniak | May 17, 2024

Jose Prado-Valero receives more than $100,000 in cash kickbacks from remote co-conspirators.

Former Credit Union Employee Sentenced in $2 Million Wire Fraud Scheme

$3.4 Million Fraud Victimizes Alabama's Largest Credit Union

By Peter Strozniak | May 16, 2024

Eighteen persons are arrested and charged with theft, and arrest warrants are issued for five other individuals.

$3.4 Million Fraud Victimizes Alabama's Largest Credit Union

Sentence Handed Down in Bayer Heritage FCU Theft

By Peter Strozniak | May 09, 2024

Brandon Watkins uses member account numbers and personal information to access their funds via ITMs.

Sentence Handed Down in Bayer Heritage FCU Theft

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