Fraud & Enforcement

The case won't be certified as a class action lawsuit against the Credit Union Retirement Plan Association.

Patelco CU's Fraud Center helps more than 7,000 members and saves nearly $20 million in fraud losses.

Tina Louis Torres will be sentenced in April for stealing more than $250,000 from a Santa Paula, Calif. credit union.

Bennie Ware and Lacretia Pratt have been charged with conspiracy and multiple bank fraud charges.

The fraudsters use their names and SSNs on the 176 fake bonds, most of which are exchanged for cash at CUs.

After his plea, FinCEN slaps a $100,000 civil money penalty and a five-year ban against Gyanendra Asre.