Legal issues and news

MANASSAS, Va. --Police are looking for one or more suspects who placed a skimmer on a Navy FCU ATM here.

ALEXANDRIA, Va. – The former CEO of Arkansas Employees FCU was banned from the credit union industry by NCUA this afternoon for stealing $500,000 from a member which she used for her own investment.

MIDLAND, Texas – A former loan officer at My Community FCU pleaded guilty yesterday to approving $4 million in fraudulent auto loans in return for kickbacks.

RIDGECREST, Calif. – AltaOne FCU has signed with Lifelock to enable members to enroll in LifeLock identity theft protection at a reduced price.

FRESNO, Calif. – CUMIS Insurance Society filed suit in federal court here yesterday to recover $182,800 it claims a branch manager at Educational Employees CU stole through 56 unsecured loans she approved to family and friends, though she appears to have siphoned most of the proceeds for herself.

SAN ANTONIO -- Two suspects disabled a surveillance camera and then used a blow torch to try to get inside an ATM at a Randolph Brooks FCU branch early this morning but fled before they were able to get inside the machine when they were spotted by a security guard.

CLEVELAND – Anthony Raguz, the CEO of St. Paul Croatian FCU, was sentenced this morning to 14 years in prison and ordered to pay $72 million restitution for masterminding the biggest fraud in credit union history that led to the 2010 collapse of the $240 million credit union.

CLEVELAND – The last of 26 people charged in the massive fraud at St. Paul Croatian FCU pleaded guilty yesterday to bank fraud and money laundering in the $185 million scheme.

PANAMA CITY, Fla. – Dozens of Tyndall FCU members have reported fraud on their credit card statements and police are investigating potential ties to local merchants.

CLEVELAND – NCUA on Friday asked a federal court to award it $6.3 million from the manager of a tiny credit union that allegedly stole $2.1 million during a 20-year fraud.

JACKSONVILLE, Fla. -- Five tellers at VyStar CU, a Citibank credit card employee and a hospital worker were among those charged today in a ring that stole the identities of at least 185 people and used their information to file fraudulent tax returns and cash refund checks of almost $600,000.

ALEXANDRIA, Va. – NCUA has been filing suits furiously for recovery in the St. Paul Croatian FCU fraud for which the agency now estimates losses will exceed $186 million, making it the biggest credit union fraud ever.

BARTOW, Fla. -- The Polk County Sheriff's Office is warning the public that devices known as skimmers have been found recently on MidFlorida CU ATMs in Bartow and Haines City, as well as several Publix ATMs.

TOPEKA, Kan. – The former manager of Enterprise CU pled guilty yesterday to embezzling $817,000 from the Enterprise-based credit union.

CLEVELAND – NCUA, which estimates losses of as much as $170 million on the collapse of St. Paul Croatian FCU, is in line to receive payments due on several downtown Cleveland properties totaling $16.7 million under a plea deal with a local financier convicted of swindling the one-time $240 million credit union.

NEW HAVEN, Conn. – A federal appeals court on Friday rejected a request by members of New London Security FCU to recover $4 million of uninsured deposits from NCUA they lost in the spectacular 2008 failure of the $13 million credit union, which involved the suicide of the credit union’s investment manager.

TULSA, Okla. – A member of Tulsa FCU and Tulsa Teachers CU pleaded guilty Friday to using another person’s identity to borrow $230,000 and buy six vehicles, including a Winnebago motorhome from the two credit unions.

CLEVELAND – Authorities on Friday charged Aziz Ukshini, the owner of Hard Rock Crushing Ltd.; and Azmet Inc., with obtaining $2.8 million in fraudulent loans from St. Paul Croatian FCU, the one-time $240 million credit union that collapsed in 2010 amid the biggest credit union fraud ever.

IOWA CITY – A member of University of Iowa Community CU was charged with second-degree theft that resulted in fraudulent checks deposited at a credit union ATM.

TOPEKA, Kan. – The former manager of Enterprise CU has agreed to plead guilty to embezzling $817,000 from the Enterprise-based credit union.