Fraud & Enforcement

Sentencing for Marvell Trevenski Jackson Jr., who targeted members of Navy Federal and Essential FCU, is expected in July.

The report also reveals last year's liquidations caused approximately $18M in Share Insurance Fund losses.

Keith Sanders is charged with one felony count of grand theft and one felony count of scheming to defraud a financial institution.

Alex Marie Braud allegedly steals $181,000 from a River Land FCU branch safe in Louisiana.

A three-year prison sentence is also in the cards for George Paul Janssen, who stole nearly $2 million from CUs and banks.

Report includes its first-ever section on AI fraud, which cost consumers nearly $893 million.