Embezzlers

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AZ CU employee convicted of elder fraud

December 2, 2021 Cucolle1

Former credit union loan officer and teller, Hector Andres Aleman, who embezzled $195,513 from...

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Fraud and Corruption Claim Lawsuit Settled Between NCUA, Municipal CU and CUMIS

July 12, 2021 Cucolle1

It all started with a CEO that embezzled $6M for lottery tickets. $4.1 billion...

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Former Credit Union Manager Admits to Embezzling Hundreds of Thousands of Dollars, Police Say

January 7, 2020 Royal Ellsworth

Story County, IA – 6 January 2020 – A former branch manager for the...

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Former Loan Officer Sentenced for Fraudulent Loan Scheme

December 27, 2019 Cucolle1

Memphis, TN – December 23, 2019 – A former loan officer at Trustmark Bank...

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Credit Union CEO Serves 1 Day in Prison for Bank Fraud

December 19, 2019 Cucolle1

New Haven County Credit Union CEO cooked the CU books to keep struggling restaurant...

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Ex Credit Union CEO Facing $40M Embezzlement Charges

May 1, 2019 Cucolle1

The former long time CEO of the now defunct CBS Employees Federal Credit Union...

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Dealership Employee Embezzled from BMW to Buy a Mustang

December 28, 2018 Cucolle1

The former controller of Continental BMW in Connecticut used the stolen funds for travel,...

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Credit Union Director of Lending Fired for Theft, Arrest Expected

December 18, 2018 Cucolle1

Tallahassee, FL – 18 December 2018 – An 11-year employee and Director of Lending...

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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...