CHATTANOOGA, Tenn. - (02/21/06) A local woman was sentenced to10 months behind bars for passing more than $70,000 in bogus checksat branches of AEDC FCU. Spring Langford, 28, was arunner for the man who produced the counterfeitchecks, police said. Her co-defendant, Andre Williams, who policedescribed as a career criminal, has yet to be sentenced.Authorities said Williams recruited Ms. Langford and others to cashthe counterfeit checks after he procured numerous checks purportingto be drawn on the checking account of Stewart Security Systems andNHC Homecare. The counterfeit checks were made payable to variousof those in the Williams ring and were cashed at various AEDC FCUbranches.
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Guidance documents from the Consumer Financial Protection Bureau and Treasury's Financial Crimes Enforcement Network heightening bank scrutiny of individual tax identification numbers in mortgage applications could discourage banks from issuing those kinds of loans.
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The newly minted Fed chairman announced working groups for his five top policy priorities and strictly refrained from forward guidance in his debut press conference Wednesday afternoon.
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The Cincinnati bank has launched a navigational aid to help customers get to what they need in fewer steps.
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The state would join New York in governing the up-and-coming credit product. Industry and consumer advocacy groups say there's still room for improvement.
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The clarification spells out what banks can share to stop scams. The Bank Policy Institute welcomed it but wants Congress to write the protection into law.
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The payment company is "exploring options" for PayPal Ventures as new CEO Enrique Lores tries to reverse an earnings slump.
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