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CU System
CU System briefs (05/15/2009)
* SAN DIEGO (5/18/09)--Thirty-six men and women--part of the 60 suspects in a Lincoln Park Gang counterfeit ring that defrauded Navy FCU in San Diego of more than $500,000--pleaded not guilty in San Diego Superior Court to the fraud charges. Most of those charged are students, members of the military and new parents. Sixteen are believed to be members of the gang. Authorities say the gang recruited credit union members to give their account number information and personal identification numbers. They would deposit counterfeit checks into the accounts, then withdraw thousands at an ATM in a casino. The accountholders allegedly received a percentage of the payoff. California Attorney General Jerry Brown and county District Attorney Bonnie Dumanis said the arrests were the first time a gang in California was targeted for its alleged involvement in bank fraud (Union-Tribune May 15 and News Now May 15) … * NEW YORK (5/18/09)--A former credit union treasurer was sentenced to roughly three years in prison for stealing more than $100,000 from St. Charles Borromeo Church FCU, Harlem, N.Y. The theft, which the credit union discovered in December 2005, led to the credit union’s collapse and insolvency. Former manager and treasurer Chinithia Bills pleaded guilty to bank fraud in January (Associated Press May 14). Bills took the money using various schemes and used the funds for personal expenses, according to prosecutors ... * PERRY, Ga. (5/18/09)--A 29-year-old Perry, Ga.-man was sentenced to life in prison for a 2007 armed robbery of Robins FCU, a $1.122 billion asset, Warner Robins, Ga.-based credit union. Anthony Scott Chairmont won’t be eligible for parole for 30 years, said Houston County District Attorney Kelly Burke. Chairmont was sentenced as a recidivist due to two prior felony convictions. Under Georgia law, the required sentence after a conviction of a “capital offense” such as an armed robbery of a credit union, is life in prison, Burke said (Macon Telegraph May 15) …


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