New York’s Department of Financial Services seized Municipal Credit Union, New York’s oldest credit union, on Friday (May 17), saying it is facing “unsafe and unsound” conditions. The move comes after its ex-Chief Executive Officer Kam Wong pleaded guilty to embezzling funds, reported Reuters. According...
November 26, 2019
A former executive at StyleHaul has pleaded guilty to embezzling millions from his former employer. Dennis Blieden pleaded guilty to federal criminal charges for embezzling more than $22 million from StyleHaul and then using the stolen money to expense his lifestyle, as well as to participate in crypto-currency gambling. As part of his job, Blieden […]
May 19, 2019
New York’s Department of Financial Services seized Municipal Credit Union, New York’s oldest credit union, on Friday (May 17), saying it is facing “unsafe and unsound” conditions. The move comes...
