Sentencing In AEA FCU Fraud Delayed As MBL Chief Stabbed

PHOENIX – Yesterday’s scheduled sentencing of William Liddle for his role in the AEA FCU MBL fraud has been delayed after Liddle was stabbed in his own back yard.

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Authorities said Liddle had been in his back yard in Phoenix when he was hit in the head. When he came to, there was a knife in his chest. Liddle was taken to a hospital.

However, on Monday his wife, Rhonda Liddle, was sentenced to 12 months’ home incarceration for her role in laundering $1 million in cash and merchandise bribes arranged by her husband to approve some $60 million in MBL.

AEA, the former credit union for the Arizona Education Association, lost an estimated $30 million on Liddle’s MBL, forcing NCUA to take the one-time $410-million credit union under conservatorship in December 2010.

 


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