BALTIMORE, MD—The FBI and local law enforcement partners are investigating a surge of armed robberies, known as “jugging” crimes, at financial institutions in Maryland. At least 21 bank and ATM customers have been victimized by these crimes just in the first week of July. “Jugging” refers to a crime in which a suspect, or group of suspects, targets customers believed […]
BALTIMORE, MD—A former federal credit union employee in Maryland has been sentenced to serve four years and nine months in federal prison after he pleaded guilty to stealing identities and using them to open fraudulent bank accounts. Jalen McMillan, 30, of Jessup, was sentenced Thursday in U.S. District Court in Greenbelt. He will also serve five years of supervised release […]
GREENBELT, MD—The U.S. District Attorney’s Office in Maryland reports that a 26-year-old man pleaded guilty to stealing over $250,000 in checks that were mailed to other people. Kavon Dupree Jackson of Capitol Heights has pleaded guilty to a bank fraud conspiracy that involved using stolen checks that were cashed at several banks. According to his guilty plea, Jackson used a […]
BALTIMORE, MD—A Maryland man has been sentenced to 6 years in prison for his role in a bank fraud scheme that obtained more than $151,000 from victims while using fake identities and personal information. According to the U.S. Attorney’s Office in Maryland, Archie Arnold Paul, also known as “Carter Hill” and “Zion Davis,” 31, of Laurel, orchestrated the scheme and […]
BALTIMORE, MD—Freedom Federal Credit Union and Atlantic Financial Federal Credit Union on Thursday announced plans to merge pending regulatory approval and Atlantic Financial FCU member vote. The resulting Credit Union will operate under the “Freedom Federal Credit Union” name and brand. While the combined assets would be approximately $535 million, both Credit Unions would serve a combined membership of over […]
GREENBELT, MD—A former bank employee has been convicted in a federal court in Greenbelt for conspiracy to commit bank fraud, bank fraud, and aggravated identity theft. Jalen Craig McMillan, 30, of Jessup, faces a maximum prison sentence of 30 years for the conspiracy and for each count of bank fraud. He will also serve a mandatory prison sentence of two […]
BEL AIR, MD—Freedom Federal Credit Union, in collaboration with Harford Community College, on Monday announced the winners of the #MyFightingOwlsFreedom social media contest. The contest encouraged participants to share their stories of freedom and personal growth at Harford Community College. The #MyFightingOwlsFreedom contest ended with a five-day public voting period, in which the community voted through Facebook and Instagram for […]
BALTIMORE, MD—With the overall consumer debt exceeding $17.3 trillion in Q3 2023, the personal-finance website WalletHub this week released its rankings of the States with the Largest & Smallest Debt Increases. Maryland came in at No. 6 on the list. Hawaii topped the list with California coming in at No. 2. To determine the states with the largest and smallest […]