$603 million credit union left holding the bag for $11.5 million in loans to convicted fraudster.
Employees of the $10.4 million Centra Health Credit Union are put on leave while authorities investigate altered account statements.
Judge says consumer suit can proceed because victims suffered actual losses.
Seven people across the country indicted, allegedly part of $2.4M fraud ring that hit more than 15 credit unions.
In a much-anticipated court ruling, a Minnesota federal judge said Dec. 2 that Target Corp. had a duty to protect debit and credit card information from cyberthieves.
Next year, New York debtors can limit debt collection communication to email only.
Three of four allegations in a class action suit filed by financial institutions against Target can proceed.
Ohio bookkeeper receives 21-month sentence for embezzling $1M from failed credit union.
Ohio business owner admits to embezzling $2.3 million from failed cooperative.
The NCUA accuses DB of failing to meet trustee obligations when it sold bad securities to failed corporates.