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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]
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...