Fraud Investigation

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

Former CU VP Sentenced to Almost Three Years in Federal Prison for Credit Union Theft

September 9, 2019 Cucolle1

FOR IMMEDIATE RELEASE Gulfport, Miss. –  Friday, August 30, 2019 – Merrideth Christina McMillian,...

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Fraud Goes Mainstream – “The Fraud Bible”

September 4, 2019 Cucolle1

Fraud, the constantly evolving and ever-present nemesis of collectors and lenders alike, had once...

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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...

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Synthetic ID Fraud, Bust-Out Schemes Detailed by NAFCU

July 9, 2019 Cucolle1

“Synthetic identification fraud appears to be one of the fastest-growing type of identity theft...

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Credit Union VP Pleads Guilty to Fraud

July 4, 2019 Cucolle1

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

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Credit Union Files Lawsuit Against Dealership for Inflated Incomes

June 26, 2019 Cucolle1

Charlotte, NC – 25 June 2019 – A lawsuit filed against Kia of Gastonia...

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$5M Auto Loan Fraud and Theft Ring Busted in San Diego County

June 25, 2019 Cucolle1

21 Arrested – Largest in County History San Diego, CA – 21 June 2019...

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Two Charged for Fraud Purchases of Dozens of High-End Vehicles in California

May 18, 2019 Cucolle1

Total losses expected to amount to approximately $3 million Santa Ana, CA – April...

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Two Men Charged in High-End Auto Sublease Scam

May 12, 2019 Cucolle1

DMV Investigator conducted year-long investigation Los Angeles, CA – March 18, 2019 – The...

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Video Captures Scam Call Center Being Hacked

May 7, 2019 Cucolle1

By now, pretty much everyone on the planet Earth has been hit by one...

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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...

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Five Credit Unions Targeted in Loan Fraud Ring

March 3, 2019 Cucolle1

Nassau County, NY – 1 March 2019 – Five people have been charged in...

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$3M Dark Web Credit Card Fraud Ring Busted by Secret Service

January 18, 2019 Cucolle1

New Rochelle, NY – 14 January 2019 – Secret Service Agents, accompanied by New...

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Straw Buyer Fraud Dealership Reaches Agreement with Feds

January 17, 2019 Cucolle1

Erie, PA – 16 January 2019 – A federal fraud case against an Erie...

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America’s First Straw Buyer Auto Fraud Case – 1941

January 3, 2019 Cucolle1

Any of us that have been in the auto lending and collections industry for...