Financial Fraud News Update

Offices of the United States Attorneys

You are subscribed to Financial Fraud news updates. This information has recently been updated, and is now available. Former President and Vice President of Jacksonville Teachers Union Sentenced to Federal Prison for Embezzling Millions in Union Funds 02/10/2026 07:00 AM EST Jacksonville, Florida – Chief U.S. District Judge Marcia Morales Howard has sentenced Teresa Brady (70, Jacksonville) to 27 months in federal prison, and Ruby George (82, Jacksonville) to one year and one day in federal prison followed by six months of home confinement, both in connection with their guilty pleas to conspiracy to commit wire fraud and mail fraud, aiding and abetting wire fraud, and aiding and abetting mail fraud. Brady also pleaded guilty to one count of money laundering.  As part of their sentences, the court ordered the forfeiture of the proceeds of the charged criminal conduct, which cumulatively totaled $2,600,235.99.  Further, the court ordered Brady and George to pay the same amount in restitution to the victim of their offenses, Duval Teachers United (DTU). United States Attorney Gregory W. Kehoe made the announcement. Former Bank Employee Found Guilty of Targeting Elderly Victims in Identity Theft and Fraud Scheme 02/10/2026 07:00 AM EST A federal jury has convicted a Chinese national of using his role as a bank employee to access confidential client information to target elderly customers and create a scheme to steal their money and then use it for his personal benefit.

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