JACKSONVILLE, Fla. - (09/28/05) - A local couple was charged Tuesdaywith stealing personal information from Vystar CU members to getphony debit cards they used to help pay for their wedding. Thecouple, identified as Angelia Southerland and her fiancĚAnthony Smith, used the bogus cards to steal as much as $750,000from the credit union, including $2,600 to pay for their wedding.However, the couple's wedding plans were apparently delayed as theywere arrested a day before the planned affair. The two used thecounterfeit cards to go on shopping sprees at Best Buy, Target andFood Lion, and to obtain travelers' checks, money orders and to payfor cruises, according to police.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
February 9 -
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
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