Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Thief empties Hawaii ATMs snags IDs of 900 people
HONOLULU (1/3/08)--Police in several states are looking for a man responsible for an identity theft scheme with more than 900 victims nationwide and $88,000 stolen from ATMs in Oahu, Hawaii, including that of a credit union. All the victims have accounts with Washington Mutual Bank. Police suspect he acquires victims' personal information, uses a cell phone to call the bank and change their personal identification numbers (PINs), and requests duplicate cards (KGMB9.com Dec. 27 and MSNBC.com Jan. 2). The thief used an ATM at Hawaii Central CU 27 times in three minutes to drain the machine of its cash, police said. He used a different ATM card for each transaction. The man was in Hawaii from Oct. 8 through Oct. 29. He repeated the thefts in Las Vegas and New York, said police. Police believe he is part of a larger network.
Other Resources

RSS print
News Now LiveWire
Fazio: @TheNCUA supports Privacy Notice Modernization Act, which allows FIs to send privacy policy notifications only when policy is changed
3 minutes ago
Fazio: Hard to give timeline for when NCUA risk-based capital rule will be finalized...I can say it's the agency's top reg. priority
6 minutes ago
(2of2) NCUA is aware of importance of scaling regulatory, supervisory and assistance prgrms to address unique circumstances of small CUs.
17 minutes ago
.@TheNCUA's Larry Fazio: W/ 1/3 of CUs having less than $10M in assets and 2/3 of CUs having less than $50M in assets...(1of2)
18 minutes ago
Sen. Crapo: "There is bipartisan support for creating a regulatory environment where small financial institutions can thrive."
41 minutes ago