Central Figure in Texas AG Impeachment Indicted Over Loans From CU & MLBs

Prosecutors allege investor Nate Paul made false statements to obtain $11.9 million in loans from Amplify Credit Union.

By Peter Strozniak | June 14, 2023 at 04:00 PM

colorful waving texas state flag on a american dollar money background

Real estate developer Nate Paul, who is reportedly central to the allegations of illegal conduct by suspended Texas Attorney General Ken Paxton, has been charged with eight felony counts of making false statements to three mortgage lending businesses (MLBs) and the $1.4 billion Amplify Credit Union in Austin, Texas.

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Fraud & Enforcement

1 Another Credit Union in the Hot Seat With Members of Congress

2 Professionals Step Into New Roles at Metro CU, Navigant CU & Corporate One

3 Sentence Handed Down in Bayer Heritage FCU Theft

4 Loan Portfolios Shrink for Third Month in a Row

5 North Carolina's Coastal Credit Union Surpasses $5 Billion in Assets

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$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

Shared Accounts With CU Times: Landmark CU Stands Up to Senior Fraud

By Michael Ogden | May 09, 2024

Chief Experience Officer Brian Melter discusses how his CU is building financially healthy lives for its members.

Shared Accounts With CU Times: Landmark CU Stands Up to Senior Fraud

Check Fraud Mitigation: Capabilities to Protect Your Credit Union link

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