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Bill Inspired by Navy Federal Member Who Lost $3.6 Million Passes Va. Legislature
March 5, 2024
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Credit Union Times
A bill, driven in part after a former elderly member of the $170 billion Navy Federal Credit Union who lost more than $3.6 million in an international scam, was passed...
Virginia General Assembly passes law to strengthen reporting of elder financial exploitation
March 1, 2024
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NBC 4
The Virginia General Assembly passed a measure to encourage banks to do more to spot, prevent and report the financial exploitation of elderly and vulnerable adults. Del. Michelle Maldonado, D-Manassas,...
Elder Fraud Prevention Advocate Janine Williamson Applauds Passage of HB 692 by Virginia General Assembly
February 26, 2024
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Press Release
The Virginia General Assembly passed House Bill 692 last week. The measure lays the groundwork for financial institutions to train their employees in how to identify potential financial exploitation of...
Plaintiff Appeals Dismissal of Negligence Lawsuit Against Navy Federal Credit Union, Wells Fargo After $3.6 Million of Elderly Veteran’s Savings Allegedly Sent to Scam Artists
January 22, 2024
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Press Release
A Washington state woman has filed an appeal with the U.S. Court of Appeals for the Fourth Circuit regarding her $3.6 million negligence lawsuit against Wells Fargo and Navy Federal...
Court Moves Navy Federal & Wells Fargo $3.6 Million Lawsuit to Mediation
November 16, 2023
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Credit Union Times
A federal mediator for the U.S. Court of Appeals for the Fourth Circuit in Virginia is exploring any potential opportunities to settle a lawsuit involving Navy Federal Credit Union and...
Negligence Lawsuit Against Navy Federal, Wells Fargo Moves to Mediation after $3.6 Million of Elderly Veteran’s Savings Allegedly Sent to Scam Artists
November 6, 2023
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Press Release
A Washington state woman's $3.6 million negligence lawsuit against Wells Fargo and Navy Federal Credit Union has moved to federally mandated mediation in the U.S. Court of Appeals for the...
Family sues banks for negligence after man falls victim to phishing
September 14, 2023
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NewsNation
A Washington state family is suing Navy Federal Credit Union and Wells Fargo after a veteran lost millions of dollars in a wire fraud scheme. Retired Navy submarine commander Larry...
‘Disgusting’ Claims Made Against Bank & Credit Union Giants
June 22, 2023
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Credit Union Times
The multimillion-dollar fraud scheme that victimized retired U.S. Navy Commander Larry W. Cook began on Oct. 6, 2020 and ended April 20, 2021, the day before his death. In just...
Family of retired Navy commander suing banks for $3.6M after he fell victim to phishing scheme
June 6, 2023
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WAVY-TV Online
The family of a retired submarine commander is taking their lawsuit against Wells Fargo Bank and Navy Federal Credit Union to a higher court, claiming they should have realized he...
VIDEO: ‘They just let it happen’: Puyallup woman fights for late uncle who had $3M stolen in email scam
May 24, 2023
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KIRO 7 News
Janine Satterfield still mourns the death of her uncle, U.S. Navy Commander Larry Cook, who passed away in Virginia in 2021. Janine, a Puyallup resident, is the executor of Cook’s...
Suit Alleges Navy FCU, Wells Fargo Neglected to Protect Elderly Member from Scam
May 15, 2023
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CUToday.info
Navy Federal Credit Union and Wells Fargo are the targets of a lawsuit that alleges both institutions failed to protect an elderly member/customer who was scammed out of more than...
An elderly man was scammed out of millions. Could the bank have done more to prevent fraud?
May 14, 2023
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USA Today
Why would 76-year-old Larry Cook transfer over $3.6 million out of the country just before his death? That was tickling the mind of Janine Satterfield as she was mourning her...
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