Fraud & Enforcement

Three of the four banned ex-credit union employees steal more than $1.3 million.

They use members' identities to steal tens of thousands of dollars with fake checks and fraudulent loans. 

Five men allegedly recruit indigent persons, bought them new clothes, gave them phony IDs, and paid for their travel and lodging to carry out a $452,000 fraud.

Feds are expected to release the name of the suspect and the charges at a later date.

The new court filing says 14 persons were involved in the nationwide conspiracy that used fake IDs to steal money from credit unions and banks.

Six men work in two teams, the first infecting the ATMs with malware and the second entering information that dispensed the cash not tethered to members' accounts.