Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CU System brief (04/12/2012)
  • TALLAHASSEE, Fla. (4/13/12)--A U.S. Court of Appeals for the Eleventh Circuit in Tallahassee, Fla., Tuesday upheld the convictions  and sentences of a former credit union CEO and a former Florida A&M University policy institute director on charges of embezzling $134,000 in grant funds from U.S. Department of Housing and Urban Development (HUD) that were administered by A&M University FCU (leagle.com April 10). The court denied the appeals of Eugene Telfair, who was president of the Tallahasse-based credit union, and co-defendant Robert Nixon.  The court said the evidence was sufficient for a reasonable jury to conclude that the two men knowing and willingly conspired to steal, and actually did steal, the grant funds through a wire scheme. The fraudulent contracts occurred between 2004 and 2008 …


RSS





print
News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
1 day ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
1 day ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
1 day ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
1 day ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
1 day ago