September 23, 2019 | Daily Business Review
Embezzled Florida Credit Union Money Went to Online Video GamesProsecutors charged one month of video game in-app purchases with money embezzled from cost more than $150,000.
By Peter Strozniak
3 minute read
July 19, 2019 | Credit Union Times
Florida's Largest Credit Union Denies Lawsuit's AllegationsChecking company claims Suncoast CU breached a contract, causing $2 million in damages.
By Peter Strozniak
2 minute read
June 26, 2019 | Credit Union Times
Executive Gets Seven Years for Pocketing Millions of CU's Naming Rights MoneyDefense attorney argues for a lighter sentence, arguing his client intended to repay the stolen funds after profiting from property investments.
By Peter Strozniak
3 minute read
May 16, 2019 | Credit Union Times
PA & NJ Credit Unions Approve Merger of Trade GroupsThe PA/NJ Credit Union Association will open for business on Jan. 1, 2020.
By Peter Strozniak
3 minute read
May 15, 2019 | The Recorder
California CEO Signs Plea Deal in $40 Million Credit Union Embezzlement CaseEdward Rostohar agrees to forfeit assets and properties that could be worth millions.
By Peter Strozniak
4 minute read
April 01, 2019 | Credit Union Times
Court Documents Reveal Details About $40 Million Embezzlement CaseFormer CEO says NCUA auditors did not know what they were looking for during examinations.
By Peter Strozniak
6 minute read
February 12, 2019 | Credit Union Times
New Jersey Credit Union Plans Merger With PenFedMcGraw-Hill FCU members will vote on the proposed consolidation in March.
By Peter Strozniak
2 minute read
June 13, 2018 | Credit Union Times
Debt Collector Accused of Scamming Credit Unions Loses AppealCharles V. Stanley remains in jail after allegedly committing more debt collection crimes while out on bail.
By Peter Strozniak
4 minute read
May 08, 2018 | New York Law Journal
New York CEO Accused of Stealing MillionsKam Wong, a former top executive for Municipal Credit Union, is charged with fraud, embezzlement and aggravated identity theft.
By Peter Strozniak
5 minute read
October 12, 2016 | National Law Journal
CFPB Fines Navy Federal $28.5M Over Debt Collection PracticesNavy Federal Credit Union will pay $23 million to members and a $5.5 million civil penalty for making false threats about debt collection to active-duty military service members, retired service members, and their families, the Consumer Financial Protection Bureau said Tuesday.
By Peter Strozniak
7 minute read
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