Department of Justice

1 min read

NY Man Admits to Role in Defrauding Banks of $3.5 Million in ‘Shotgun’ Loan Scheme

December 17, 2019 Cucolle1

Newark, NJ – Tuesday, December 17, 2019 – A Bronx, New York, man today...

3 min read

Dealership VP Pleads Guilty to $3M+ Fraud Scheme Involving Non-Existent Porsche Models

September 24, 2019 Royal Ellsworth

16 September 2019 – On September 13, 2019, a former salesman for Copans Motorsports...

1 min read

Man Sentenced To 97 Months for Role in International Credit Card Fraud Ring

September 15, 2019 Cucolle1

FOR IMMEDIATE RELEASE LAS VEGAS, NV – September 5, 2019 – A man who...

1 min read

Former Loan Officer Pleads Guilty in Fraudulent Loan Scheme

September 10, 2019 Cucolle1

FOR IMMEDIATE RELEASE Memphis, TN – September 4, 2019 – A former loan officer...

1 min read

Fictitious Auto Fraud Ring Sentenced for $1.7M in Credit Union and Bank Losses

August 18, 2019 Cucolle1

Fraudsters Secured Funds on 80 auto loans, totaling approximately $2.7M in attempted fraud, and...

1 min read

Credit Union VP Pleads Guilty to Fraud

July 4, 2019 Cucolle1

Defrauded Credit Union of Over $3M FOR IMMEDIATE RELEASE Louisville, KY – 2 July...

1 min read

Collection Agency Owner Sentenced to 6 Years in Prison for Fraud Against Credit Unions

July 2, 2019 Cucolle1

FOR IMMEDIATE RELEASE Sacramento, CA – 2 July 2019 – The owner of a...

1 min read

Purchased Synthetic ID Fraud Sends Man to Jail

April 28, 2019 Cucolle1

Oklahoma City, OK – For decades, collectors and fraud investigators have fumed over watching...

1 min read

Former Credit Union CEO Pleads Guilty to Multimillion-Dollar Embezzlement

November 29, 2018 Cucolle1

Manhattan, NY – 19 November 2018 – Disgraced former CEO of New York’s biggest...

1 min read

Former Long Island Credit Union COO Arrested for Embezzlement

September 20, 2018 Cucolle1

Defendant Allegedly Stole $465,172 from the Winthrop University Hospital Federal Credit Union to Fund...

1 min read

Another FL Credit Union Employee Pleads Guilty to Bank Fraud Conspiracy

September 18, 2018 Cucolle1

No, this is a totally different one! What is going on with credit unions...

1 min read

Broker Sentenced to Prison for Defrauding Banks in $3.5 Million ‘Shotgun’ Loan Scheme

September 14, 2018 Cucolle1

Newark, NJ – 13 September 2018 – A New York real estate broker and...

1 min read

Dealership Fined $2M in Loan Fraud Fines

September 5, 2018 Cucolle1

Erie, PA – 3 September 2018 – A Pennsylvania dealership has agreed to pay...

1 min read

Three Sentenced in $4.6M Loan Fraud Scheme

August 2, 2018 Cucolle1

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

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

Credit Union CEO Charged with Embezzling $6M, Allegedly Spent Half on Lottery Tickets

May 14, 2018 Cucolle1

New York, NY – May 8, 2018 – The head of New York’s biggest...

1 min read

Repo Companies Being Cut Off From Credit and Banking

December 6, 2017 Cucolle1

EDITORIAL If you didn’t think the big Lenders thought very highly of the men...