A statistic shows boards and supervisory committees don't uncover fraud, but they can thwart it with some diligence.
Branch Manager Pearl Fortson, a 39-year employee, allegedly pockets nearly $1M.
Dona Takushi's lawyer tells local media his client 'went off the tracks' when she stole $120,000 from a Hawaii credit union.
Jenny Nishida receives 13 months in prison for her theft of nearly $360,000.
FBI agent tells CU Times he's never seen a case where three employees independently stole from the same institution without collusion.
A new NCUA video series, CUNA Mutual Group and a risk management vendor provide tips for credit unions to prevent employee fraud.
A former accounting assistant at the $104 million Pinal County Federal Credit Union in Casa Grande, Ariz., who confessed last year to stealing almost $800,000, was recently sentenced in federal court to one year in prison and ordered to pay $555,571 in restitution and $200 in court assessment fees, according...
Former Pinal County FCU accounting assistant issued CU checks for her personal use.
Latest in ongoing court fight over $72 million in failed securities rated by S&P and sold by RBS Securities to CUNA Mutual.
Insurer seeking to recover $72 million from RBS Securities.