Two New Columbia Pennsylvania residents were indicted on charges of defrauding Nu Community Credit Union and its members out of $1.2 million over the course of several years. The duo, Mindy L. [...]
In late April, the Office of the Comptroller of the Currency (OCC) sent cease-and-desist orders (C&D) to two banks, citing them for BSA/AML deficiencies. In addition, the OCC fined one of the [...]
Mortgage and loan fraud is on the rise, having leapt 15% in the first quarter of 2022 over the same quarter last year. Lenders should be aware that the threat of mortgage fraud is highest in the [...]
The friction between banks and their clients over fraud and account takeovers has reached the boiling point for one Truist banking customer. Perran Davis says his deceased father’s estate account [...]
