New Haven County Credit Union CEO cooked the CU books to keep struggling restaurant afloat.
EAST HAVEN, CT — Former CEO James Farrell, 55, was sentenced to serve one day in prison for defrauding the credit union he led, prosecutors announced late Tuesday. Farrell, of East Haven, was also given two years of supervised release and 50 hours of community service for defrauding the New Haven County Credit Union.
More Stories
A Different Kind of Money Laundry
Federal Banking Agencies Issue New Guidance on Immigration-Related Credit Risk
18 Year Old Fraud Auto Loan “Credit Mule” Busted on Video
Lenders Continue Paying Millions to Settle TCPA Lawsuits as Decades-Old Telephone Law Collides with Modern Collections
Happy Birthday CUCollector! Seventeen Years… Where Did the Time Go?
One Face. Sixteen Identities. $476,000 in Fraudulent Auto Loans