Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Software employees charged with fraud vs. CUs
FORT WAYNE, Ind. (12/31/09)--Two former employees of a company specializing in credit union finance software have been charged with fraud against two Indiana credit unions. William O'Hern, 39, of Winterfield Run and David Lister, 33, of Huntington face two counts each of fraud against a financial institution, according to Allen Superior Court records in Fort Wayne (Fort Wayne Journal Gazette Dec. 30). Both were employees of Bradford-Scott Data Corp.--which has offices in Indianapolis and Fort Wayne, and provides credit unions with Sharetec Systems software--when they allegedly used electronic means to take more than $20,000 combined from Eastern Indiana FCU and Industrial Centre FCU. The incidents occurred in October 2006, police said. Eastern Indiana is a $21.4 million asset credit union based in New Castle, and Industrial Centre is a $42 million asset credit union in Muncie.


RSS print
News Now LiveWire
Consumer spending, income slip in July #Market #NewsNow http://t.co/GHFviIePLS
1 hours ago
Breaking on #NewsNow: Loan balances up 9.8% in 2nd Q, per @TheNCUA http://t.co/sqoJTfHQ8q
2 hours ago
#NewsNow S.F. paper notes Bay Area CUs' growth, 100M milestone http://t.co/rxl2TrwRIt
2 hours ago
Take 1 step to prepare See #NewsNow http://t.co/iAmMGHY9V3 HT @AgilityRecovery graphic #NPM @Readygov http://t.co/KDvJl9K9hJ
3 hours ago
#NewsNow: Seth Carpenter nominated to be @USTreasury assistant sec. for financial markets. http://t.co/SfLjscjrEE
3 hours ago