CU Employee Charged With Fraud

Published October 22, 2007, 1:00 a.m. EDT

Updated August 27, 2020, 1:35 a.m. EDT

1 Min Read

JACKSONVILLE, Fla. - A 19-year-old employee at VyStar CU was charged with bank fraud for selling sensitive member information. The teen, identified as Jaleesa Ide, worked as a document processor at the credit union. The information was used to transfer money from member accounts, police said.

Processing Content

MORE FROM AMERICAN BANKER

Failures

Embattled California bank is latest to fail

The $736 million Orange County bank had faced a smattering of enforcement actions over the years, including for concentration risks, governance issues and questionable insider transactions.

By Ebrima Santos Sanneh
Reporter

8h ago
ESG

What climate finance means for portfolios

As the U.N. renews its call for $1.3 trillion a year in climate finance, four leaders in climate finance say the biggest question for advisors is where that money goes.

By Grace L. Williams
Reporter

11h ago
Insurance

State regulators push back on Sen. Warren's insurance probe

The National Association of Insurance Commissioners responded to a query from Sen. Elizabeth Warren about risks to policyholders stemming from private-equity ownership of life insurers.

By Kate Berry
Reporter

11h ago
Prediction Markets

New York sues Polymarket, alleging 'illegal gambling'

The platform had a lawsuit filed against it by New York officials this week as the latest in a series of cases against prediction markets on the state level.

By Melinda Lucy
Tech Reporter

September 25
BMO Financial Group

Why BMO has regained confidence in its US strategy

The Canadian bank's U.S. operations experienced challenges following a large acquisition on the West Coast. But the bank is now making good progress, according to a top BMO executive.

By Allissa Kline
Reporter

September 25
Wealth management

RIAs working with Schwab get higher-yielding option for clients' cash

As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.

By Dan Shaw
Reporter

September 25