News

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Three More Charged in East Coast Loan Fraud Ring

August 16, 2018 Cucolle1

Providence, RI – 16 August 2018 – United States Attorney Stephen G. Dambruch announced federal...

1 min read

New Proposed Military Lending Act Expands into Collections Activities

August 14, 2018 Cucolle1

Washington, DC – 14 August 2018 – On August 1, 2018, Sen. Bill Nelson...

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GA Settles with Pawn Title Lender Over Unlawful Collections Practices

August 14, 2018 Cucolle1

Atlanta, GA – 13 August 2018 – Attorney General Chris Carr announced Monday that...

1 min read

FBI Warns of ‘Unlimited’ ATM Cashout Blitz

August 13, 2018 Cucolle1

The Federal Bureau of Investigation (FBI) is warning banks that cybercriminals are preparing to...

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Former Credit Union CEO Charged with “Dishonesty and Unfitness to Serve” by NCUA

August 9, 2018 Cucolle1

NCUA Seeks Millions from Melrose CU CEO for Breach of Duties   Alexandria, VA...

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Three Sentenced in $4.6M Loan Fraud Scheme

August 2, 2018 Cucolle1

Dallas, TX – 31 July 2018 – Stephanie Contreraz, 27, Abraham Valdez, 53, both...

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Man Charged After Making Numerous Death Threats Against Credit Union Employees

August 2, 2018 Cucolle1

Middletown, PA – 1 August 2018 – Middletown police charged a Lower Swatara Township...

1 min read

Six Charged in High End Auto Theft Ring

August 1, 2018 Cucolle1

FOR IMMEDIATE RELEASE Atlanta, GA – The Department of Justice, U.S. Attorney’s Office of...

1 min read

Third Person Sentenced in NY Loan Fraud Ring

July 26, 2018 Cucolle1

Providence, RI – 25 July 2018 – A third person charged in federal court...

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Two Employees Responsible for Failed Hawaii CU Sentenced

July 20, 2018 Cucolle1

Honolulu, HI – 19 July 2018 – The two women who caused the closure...

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Credit Union VP Allegedly Aided in $4M in Loan Fraud

July 18, 2018 Cucolle1

Pittsfield, MA – 17 July 2018 – Charges filed against a credit union commercial...

1 min read

22 Charged in Fraud Auto Loan Scheme

July 17, 2018 Cucolle1

Fake documents tied to $244,000 in auto loans, investigators say Tulsa, OK – 16...

2 min read

NY Fed: Auto Loan Delinquencies Rising in the “Sub-Prime” Market

November 27, 2017 Cucolle1

New York, NY – 21 November 2017 – The growth in household debt can...

7 min read

Is the Dam Ready to Break? Auto Delinquency on the Rise

April 25, 2017 Cucolle1

  Scary U.S. Auto Loan Debt Numbers Foreshadow Economic Downturn Rising U.S. Auto Loan...

1 min read

TX Repo Man Injured by Borrower

March 23, 2017 Cucolle1

Wichita Fall, TX – 22 March 2017 – A Wichita Falls Repo Man attempting...

1 min read

Subprime Auto Loan Losses Reach Highest Level since the Financial Crisis

March 13, 2017 Cucolle1

Subprime net loss rate in auto bonds rose to 9.1% in January U.S. subprime...