Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Scam suspect nabbed via his Facebook page
SEATTLE (10/15/09)--A man suspected of conning Seattle banks and credit unions is in a Mexico City jail awaiting extradition to the U.S. after he did two things that helped nab him. He posted Facebook updates about his partying lifestyle while on the lam, and added a former Justice Department official to his list of "friends." Maxi Sopo, 26, a native of Cameroon, was a fugitive enjoying the beaches of Cancun by day and partying at clubs at night, according to several press reports (Associated Press via Google.com Oct. 13). The Justice Department acquaintance had met Sopo at a local club. Investigators recognized the name and contacted the official for help in locating and capturing Sopo. Federal prosecutors say he and an associate, Edward Asatoorians, falsely obtained more than $200,000 from Seattle-area credit unions and banks. Asatoorians was convicted by a federal jury in Seattle last week. According to court records, the pair persuaded young co-conspirators to lie about their income to obtain loans for fabricated auto purchases and then used the money to prop up Asatoorians' business and take expensive trips. Asatoorians faces up to five years in prison, and Sopo could face up to 30 years.


RSS print
News Now LiveWire
#NewsNow: 21 CUs recieve more than $27M as part of CDFI Fund's FY2014 awards. http://t.co/2oZHLNqUTY
28 minutes ago
Read @CUNA 's #NewsNow on @TheNCUA 's McWatters' top action priorities: http://t.co/nyHEsWvvWm
57 minutes ago
Reg relief,transparency, accountability,supporting low-income CU members,promoting diversity R some priorities of @TheNCUA bd mmbr McWatters
1 hours ago
.@CUANYtweets reminds NY #creditunions to submit stories for 2014 MORE Report
1 hours ago
New Calif law OKs e-filng of weekly deposit reports, eases #creditunion stressor See #NewsNow http://t.co/slhaUDNdYH
2 hours ago