The Federal Reserve Board (FRB) says a US bank employee stole a six-figure sum from a customer. When Brenda Fuson worked as a banker at a Regions Bank branch in Smithville, Tennessee, she stole $327,500 from a customer, says the FRB. From April 2022 to July 2024, Fuson withdrew $323,500 from the customer’s accounts in illicit transactions.

A Washington-based employee benefits administrator has suffered a security breach and placed the data of 2,697,540 Americans at risk. In a notice of security incident shared with the Office of the Maine Attorney General on March 18th, Navia Benefit Solutions says that it discovered a suspicious activity in its network on January 23rd. After launching an investigation with third-party cybersecurity experts, it was determined that unauthorized access to certain systems occurred between December 5th, 2023, and January 23rd, 2024. The compromised data includes names, addresses, Social Security numbers, dates of birth, health plan information, and other sensitive personal details.

The former CEO of Nodus International Bank has pleaded guilty for leading a scheme that fraudulently siphoned at least $24.9 million from the now closed Puerto Rico-based institution. In a statement, the US Justice Department says Tomás Niembro Concha conspired with others to conceal conflicts of interest in certain investments and loans that ultimately led to the bank's collapse. The scheme involved Niembro Concha and his co-conspirators orchestrating transactions that favored themselves and their associates, draining the bank's assets.