BEAUFORT, S.C. - (12/09/05) -- A local elementary school teacherand her husband were arrested last month and charged with using aNavy FCU member's identity to steal almost $15,000 from the creditunion. Police said Phillis Smart, 36, opened an account over thephone using a member's name, Social Security number and a postoffice box in the member's name, then used it to borrow almost$15,000. Both Smart and her husband, Eric Smart, were also chargedwith using the member's name to apply for an auto title with thestate Department of Motor Vehicles. Phillis Smart is a fourth gradeteacher and has been on administrative leave since her arrest lastmonth.
-
BVNK's technology enables traditional currency and stablecoins to work together, and will enable the card network to improve distribution for clients that use digital assets.
1h ago -
Comptroller of the Currency Jonathan Gould encouraged the audience at a crypto conference Tuesday to weigh in on the agency's GENIUS Act implementation rule and said a separate anti-money laundering proposal from OCC and Treasury would be coming soon.
2h ago -
The Federal Open Market Committee is widely expected to keep interest rates steady when it concludes its regular meeting tomorrow, but rising uncertainty about inflation in the wake of the Iran war is clouding the monetary policy outlook.
3h ago -
Bank of America has reached a settlement in principle to resolve a class-action lawsuit filed by victims of Jeffrey Epstein.
3h ago -
WesBanco in Wheeling, West Virginia, has hired a team of lenders in South Florida. It plans eventually to open branches in a bid to grab a share of the region's expanding deposit market.
March 16 -
The criminal cases against these former 30 Under 30 honorees highlight the dangers of prioritizing hypergrowth narratives over proper due diligence.
March 16











