Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Counterfeit checks drawn on Members Exchange CU
JACKSON, Miss. (5/30/08)--A series of counterfeit teller checks drawn on a Jackson, Miss.-based credit union is circulating in several states, according to the Mississippi Credit Union Association. The checks are drawn on Member's Exchange CU, a $48 million asset credit union. "Scam letters were mailed, along with a counterfeit check, to 'lucky' individuals throughout the country," said Sonny Green, vice president of the association. The checks are for $4,965 and closely mimic MECU's regular teller checks. The routing number, account number and check sequence are valid. However, the logo, while similar, does not exactly match MECU's logo. The word "CERTIFIED" appears as if it was typed on the check by a typewriter. All the checks are signed by the same person, Daniel L. Molinaro. The address on the check is correct, but no phone number is listed. So far, individuals in Kentucky, Arizona and Ohio have contacted MECU about receiving the checks.
Other Resources

RSS





print
News Now LiveWire
A recent report from @TransUnion says consumers born 1981 or later made up 27% of total auto-loan originations in 2014, up 16% from 2009.
19 hours ago
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
1 day ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
15 hours ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
15 hours ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
17 hours ago