Washington federal prosecutors busted a large fraud ring that stole nearly a $1 million from three credit unions and four banks over five years, according to a 60-count indictment filed in U.S District Court in Seattle last week.
Linda Sue Newcomb signs a plea agreement and faces seven to 12 years in federal prison.
Ten defendants in Washington allegedly steal from BECU, TwinStar CU, Sound CU and four banks.
John Struna, sentenced to three years, plays the lotto to repay the $2.3M he stole from Taupa Lithuanian CU and wins $1M.
A former Alabama credit union president/CEO allegedly stole $14 million.
Jonathan Wade Dunning, former CEO of Birmingham Financial FCU, received 112 felony charges for allegedly stealing $14M.
Jeffrey Serafin admits to role involving former Wilkes-Barre City Employees FCU manager, police officers and a contractor.
Wendy Wall of the defunct Pepsi Cola FCU pleads guilty to embezzling nearly half a million dollars.
Seven people across the country indicted, allegedly part of $2.4M fraud ring that hit more than 15 credit unions.
Prosecutors allege former employee at Heritage Trust FCU used $325,000 to pay for personal credit card bills.