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 (09/22/2011)
MADISON, Wis. (9/23/11)
* A West Virginia woman was sentenced Monday to 30 months in prison by U.S. District Judge David A. Faber for orchestrating a $2.4 million fraud scheme that led to the failure of the N&W Poca Division FCU, formerly located in Bluefield, W. Va. (WVNA Sept. 19). Pamela Mullins, 46, a former employee of N&W Poca Division FCU, admitted that, beginning in 2003 she embezzled money using various schemes, including making fictitious deposits into her personal checking account and accounts of family members. The deposits were fictitious in that no funds were received by the credit union. Mullins admitted that she subsequently used the funds for personal use. Mullins also posted fictitious payments to loan accounts and issued credit union checks to herself, family members and to third parties to pay for her expenses, without recording the checks in the books and records of the credit union …


RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
1 day ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
1 day ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
1 day ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
1 day ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
1 day ago