After a two-week trial that included several witnesses testifying against each other, a jury found William Liddle, a former loan officer at AEA Federal Credit Union, guilty of several counts of fraud and money laundering.
William and Rhonda Liddle convicted in Arizona business loan case.
Two major credit union cases involving business loan fraud made news over the past week.
A jury is currently hearing testimony in the case involving William Liddle, who was allegedly involved in a loan kickback scheme.
Nearly a year after AEA Federal Credit Union was placed under NCUA conservatorship, the financial institution is in court trying to recover some of the funds it allegedly lost in millions of dollars of soured business loans.
Two of NCUA’s sand state conservatorships appear this week to be on positive but differing financial tracks.
Faces sentencing in October; admits paying kickbacks for $22 million in loans for now failed kids park and nightclub.
A new series from the Georgia Department of Banking and Finance addresses the role of boards of directors at credit unions and banks.
January 2012 is the scheduled date for an alleged business loan fraud case involving AEA Federal Credit Union.
Former vice president, wife, associate accused in apparent $1 million kickback scheme.