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News Now

CU System
CU System brief (11/19/2012)
  • HOUSTON (11/20/12)--News Now recently reported that fraud rings are becoming family affairs (Nov. 15). That must go for robberies, too.  Three suspects--a father, adult son and adult daughter--are in jail on charges related to a pair of robberies in Houston, including a credit union, and possibly five robberies in the Portland, Ore., area where they used to live (CNN Wire Nov. 18). They are: Ronald Scott Catt, 50; his son Hayden Scott Catt, 20; and his daughter Abigail "Abby" Catt, 18. The father and son are charged with disguising themselves in fake mustaches, painter's masks, sunglasses, hats and orange traffic vests with an "X" on the back and robbing Katy, Texas-based First Community CU on Oct. 1. Surveillance videos showed two men pointing guns inside the credit union and emptying money from the vault. Abby Catt was charged with being the getaway car driver. Authorities traced them through purchases of painter outfits, masks and the vests from two area Home Depots …


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News Now LiveWire
The U.S. Court of Appeals restored NCUA lawsuit v. Barclays Capital that charged misrepresenting quality of $550M IN RMBS. See News Now Wed.
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