GOSHEN, N.Y. – A member of Valley Central FCU was charged with stealing as much as $200,000 from the credit union through a fake deposit scheme. Corilynn Mullen, 37, allegedly made about $500,000 in fake deposits, then wrote about $200,000 of bad checks on the phony deposits. When the credit unit had the $494,000 check returned for insufficient funds, they called the police. Mullen was indicted this week by an Orange County grand jury on charges of grand larceny, forgery and falsifying business records. Mullen, who is also known as Corilynn Lorenzo, is also facing similar charges in South Carolina, and in Ulster County.
-
Amid political pushback around ESG, Climate Week panelists say firm leaders should focus less on the label and more on the risks that matter to clients.
6h ago -
The Minneapolis-based superregional bank is leaning into a sector that has been at the center of the Trump administration's economic policies.
7h ago -
Experts from JPMorganChase, Flywire and the Federal Reserve stress protecting data and vetting users as part of a strategy to make sure "good AI" beats "bad AI."
7h ago -
The card network is incorporating artificial intelligence into its commercial payments to help businesses get a better view of their accounts payable business.
8h ago -
The trends of big profits, consolidation and slow organic growth are creating a lot of contradictions with the pay of financial advisors and other RIA staff members, according to The Ensemble Practice's annual tracking study.
8h ago -
From shopping for better interest rates to tax strategy to cash flow, financial planners can play a vital role in helping clients prepare to take out a mortgage.
9h ago










