02/13/2020 04:15 pm
KOLOA, Hawaii–Ann Davidson said she recalls her early days in investigating theft from credit unions and it typically involved something simple, such as an employee taking something from another’s desk. Now, it’s not so simple. Last year, theft cost credit unions more than $40 million—which is why she spent time here offering strategies for stopping fraud, making it clear a lack of simple internal controls is often the expensive culprit.