Former Credit Union Manager Sentenced for $500,000 Theft

Laurie Allen steals funds from a First Illinois CU branch vault over six years.

By Peter Strozniak | October 30, 2023 at 03:00 PM

Typical modern prison bars. Symbolic illustrative background for crime news.

A former credit union manager was sentenced last week to five years in state prison for stealing more than $500,000 in cash from the branch vault, Illinois Attorney General Kwame Raoul said.

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Fraud & Enforcement

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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.

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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

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

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