The following is a sponsored post from Freedom Federal Credit Union In today’s fast-paced world, we face many financial challenges as we juggle multiple responsibilities. The constant pressure to earn enough for day-to-day expenses, while remembering to put away money for your financial goals never lets up. To make it even more difficult, life only gets more expensive as time […]
GREENBELT, MD—A foreign national has been sentenced to prison after fraudulently opening bank accounts in Maryland. U.S. District Judge Theodore D. Chuang has sentenced Daniel Velcu, 43, of Baltimore, to 34 months in federal prison, followed by three years of supervised release, for conspiracy to commit bank fraud and wire fraud. As part of his sentence, Velcu will be required […]
WASHINGTON, DC—The U.S. Marshals Service and the Federal Bureau of Investigation are alerting the public of several nationwide imposter scams involving individuals claiming to be U.S. marshals, court officers, or other law enforcement officials. They are urging people to report the calls their local FBI office and file a consumer complaint with the Federal Trade Commission, which has the ability […]
UPDATE: Daniel Velcru has been sentenced to prison. Original story below… GREENBELT, MD—A Maryland man has been convicted on fraud charges after fraudulent opening bank accounts. A federal jury has convicted Diape Seck, 29, of Rockville, for his role in a bank fraud scheme in which he and his co-conspirators obtained or attempted to obtain almost $2 million by fraud, […]
BEL AIR, MD—Freedom Federal Credit Union has announced that it has established The Freedom to Help Foundation to further its commitment to community support and to give back to the people, the organizations, and the communities it serves within Baltimore and Harford Counties. Going forward, all community outreach and financial support will now flow through the Foundation. The Freedom to […]
BALTIMORE, MD—A federal grand jury has returned an indictment charging four defendants with conspiracy to commit bank fraud and aggravated identity theft. Charged in the indictment are: Raissa Kaossele, 22, of Baltimore; Damilola Ojo, 29, of Pikesville; Victor Ojo, 28, of Edgewood; Jamelia Thompson, 29, of Pikesville. The indictment was announced by United States Attorney for the District of Maryland […]
BALTIMORE, MD—Maryland Attorney General Brian E. Frosh this week joined a multistate coalition of attorneys general in calling on the CEOs of JPMorgan Chase, Bank of America, U.S. Bank, and Wells Fargo to eliminate all overdraft fees on consumer bank accounts. In a letter to the financial institutions, Attorney General Frosh urged each bank to eliminate overdraft fees by this […]
PERRY HALL, MD—Freedom Federal Credit Union opened a new, full-service branch in the Perry Hall area on Saturday, August 21st. The Credit Union marked the occasion with a community-wide grand opening celebration. The event was held at its new location, 5000 Honeygo Center Drive in the Honeygo Village Center, and featured music, food, games, and giveaways. This is the Credit […]