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Prosecutors seek a substantial prison sentence, while his attorney pleads for leniency because of Wong's gambling addiction and drug use.
NCUA named as conservator of one of New York's largest cooperatives.
Eight credit unions announce hires, promotions, an accolade and a retirement.
Professionals take on new positions such as chief membership officer, chief people officer and SVP of member experience.
This week's news includes water donations for Midwest flood victims, a home-buying seminar and wine auction supporting Credit Unions for Kids.
Lawyer for Kam Wong says this new allegation is false.
This week's Community news includes donations to purchase new shoes for kids in need, and for Toys for Tots.
According to court documents, Kam Wong holds 24 big bank accounts, and owns seven luxury cars and a Brooklyn apartment.
This year's stories had us holding our breath as we waited for word about the fate of credit union staff and their families.
Prosecutors also say the former CEO obtained drugs from supervisory committee member.