Tuesday, August 6, 2002

You have to work to keep the faith

NYC Workers Accused of Stealing Millions From Credit Unit After Sept. 11

NEW YORK -- In one of the largest fraud cases resulting from the terrorist attacks, thousands of people are accused of using ATMs to steal $15 million from a municipal employees' credit union whose computer security system was damaged on Sept. 11.


"This is a prime example of no good deed goes unpunished," [District Attorney Robert ]Morgenthau said. "People took advantage."
The kicker, of course, is that credit unions are typically set up to get their members better deals than a standard bank would be willing to offer. So, who ultimately suffers here?

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