fraud

General counsel of failed First NBC pleads guilty to bank fraud

07/02/19

Gregory St. Angelo was part of a loan and tax credits scheme with other senior executives that funneled him more than $50 million, federal prosecutors said.

[more]

Pastor sues Wells Fargo, says negligence led to forgery charge

05/20/19

A Wells Fargo customer was interrogated, fingerprinted and mistakenly arrested for check forgery after a series of mistakes on the bank's part. He was cleared, and Wells says it made an error, but they are now fighting in civil court.

[more]

CEO of failed credit union says examiner past helped fuel fraud

04/01/19

Edward Rostohar was arrested after his wife informed authorities he stole from CBS Employees Federal Credit Union and was preparing to flee the country.

[more]

How this small bank combats fraud without alienating customers

02/21/19

As large banks put stronger fraud monitoring and authentication technology in place, fraudsters have been turning to small banks, like Kennebunk Bank on the coast of Maine. Here's how it fought back.

[more]

California man who sold bank data to Russians sentenced to one year

10/10/18

A California man who says he unwittingly helped Russia conduct a disinformation campaign on social media before the 2016 U.S. presidential election has been sentenced to six months in prison and another six months of home confinement.

[more]

Bankers’ testimony could loom large in Manafort trial

07/27/18

The roster of of potential witnesses at the trial of President Trump's former campaign manager includes current and former employees of Citizens Financial Group, Banc of California and The Federal Savings Bank.

[more]

Jail time for two former bankers in fraud case

06/14/18

Dan Heine and Diana Yates were accused of hiding Bank of Oswego's condition by inaccurately reporting bad loans.

[more]

Municipal CU CEO charged with multitude of financial crimes

05/09/18

Kam Wong, chief executive at the high-profile, $2.9 billion credit union that serves the NYPD, among other municipal workers, has been charged with fraud.

[more]

The banker caught up in Russia scandal, Mulvaney vs. Warren Part XIII, CU tax: Top stories of the week

03/02/18

The Russia probe puts a national spotlight on a Chicago bank exec; CFPB's Mulvaney and Sen. Warren face off (again) while a credit union CEO takes a surprising position on the industry's tax exemption.

[more]

Mueller indictment says Russians used PayPal to buy Facebook ads

02/16/18

A sophisticated campaign by Russian actors seeking to manipulate the 2016 U.S. presidential election through social media included stealing the identities of Americans and using accounts at PayPal to aid their effort.

[more]