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LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
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ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CU System Briefs (05/15/2013)
  • NEW YORK (5/15/13)--A Supervisory Committee Webinar Series, hosted by the National Federation of Community Development Credit Unions,  continues Thursday with a webinar on detecting fraud and embezzlement from 6 p.m. to 7:30 p.m. EDT.  Deputy District Attorney James Teh will explore cases from the San Diego District Attorney's Office that demonstrate how the simplest oversight or mistake can reveal years of undetected fraud and embezzlement. His session also will cover reports and compliance information every supervisory member should know. Use the link for more information ...
  • CRANBERRY TOWNSHIP, Pa.  (5/15/13)--A customer service representative from Keystone United Methodist FCU saved a panicked member from becoming a victim of the "grandparent scam," according to the Pennsylvania Credit Union Association (Life is a Highway May 14). The member rushed into the branch asking for money and saying he had received a call from his grandson, who needed money immediately for bail to get out of jail in Haiti. Darlene Jewett, the first employee the man spoke to, sensed something wasn't quite right about the situation and consulted with other staff. "We asked him if he was sure that the voice on the phone was his grandson," said Patti Columbe, CEO. "He thought it was, but wasn't 100% sure." Staff notified the Federal Bureau of Investigation and verified that the call was an attempt to steal money from the member through telephone fraud.  According to the FBI, the grandparent scam started in 2008 but has become more developed and sophisticated since social networking sites have become more popular, said PCUA ...


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