Fraud

1 min read

Sensible Auto Lending LLC, Settles for $733K in Relief and Refunds to Victimized Consumers

January 16, 2019 Cucolle1

Auto Lender to Provide More Than $700,000 in Debt Relief and Refunds to Consumers...

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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...

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How Lenders Can Defeat Synthetic Identity Application Fraud

January 1, 2019 Cucolle1

4 Red Flags of Synthetic ID Fraud The explosion of synthetic identity fraud on...

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Fraud Alert – Lender Trap

January 1, 2019 Cucolle1

DO NOT USE This Company and share this information with all relevant staff. For...

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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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America’s First Credit Card Fraudster – Charles Gregory Cannon

December 10, 2018 Cucolle1

In 1959, American Express issued the first plastic credit card into the, then developing...

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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...

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15 Credit Unions Pounded with Phantom Auto Loan Fraud

October 30, 2018 Cucolle1

Charlotte, NC – 17 October 2018 – A federal jury in Charlotte has returned...

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AZ Man Receives 4 Year Sentence for Using Credit Cards of Dead People

October 11, 2018 Cucolle1

Tempe, AZ – 9 October 2018 – A 34-year-old Tempe man was sentenced Wednesday...

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Synthetic ID Fraud Up 500% in Auto Lending Since 2011

October 5, 2018 Cucolle1

Synthetic Identity has become a major problem for auto lenders and a new report...

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Lawsuit Slams Conserved Credit Union for Covering Up Fraud

September 26, 2018 Cucolle1

Louisville, KY – 19 September 2018 – A second lawsuit has been filed against...

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Three Men Indicted for Alleged $364 Million Debt Portfolio Ponzi Scheme

September 24, 2018 Cucolle1

Scheme Believed to Have Over 400 Victims Nationwide, Including Individual, Family Offices, and Investment...

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CU Teller Wanted for Embezzlement – Replaced Real Money with Fake Bills

September 20, 2018 Cucolle1

Danville, VA – 20 September 2018 – A Head Teller and ten-year employee of...

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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

Credit Union Employee Arrested on Loan Fraud and Forgery Charges

September 18, 2018 Cucolle1

Tallahassee, FL – 18 September 2018 – A former employee at Gulf Winds Credit Union...