Article: Credit union launches lawsuit to get families to repay lost funds

face=+Bold; Trio charged in $2-M bank fraudface=-Bold;

By Mike McIntyre

TWO Winnipeg families have been accused of an elaborate $2-million bank fraud that has led to criminal charges and a lawsuit.

Police arrested a 64-year-old man, his 63-year-old wife and their 76-year-old business partner this week following a year-long investigation.

Court documents obtained by the Free Press show the trio allegedly scammed the Cambrian Credit Union's Main Street branch between September 2005 and September 2006.

The money was then allegedly distributed to themselves and their adult children in Winnipeg, Saskatchewan and Alberta.

None of the allegations has been proven and the accused are presumed ...

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