Fresh Today

Fresh Today

BOSTON—A man here has pleaded guilty to a reduced charge following a sophisticated fraud that involved using a telephone to hack into a home equity credit line that belonged to a member of 360 FCU. The Journal-Inquirer reported the man, Gerald A. Burke, 23, who works at a fast food chain, was able to use the scam to steal $68,000 from the member.

ALEXANDRIA, Va.—NCUA has made changes to its consumer complaint handling process, noting that in instances where credit unions are unable to resolve a complaint within 60 days the agency’s Consumer Assistance Center (CAC) will intervene.

MEMPHIS, Tenn.—Another credit union employee has been kidnapped at home and forced to travel to the credit union to obtain funds for the crooks.