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Crooked Bridgeport bank drew these people with high-interest CDs that fueled embezzlement scheme - Vimarsana News

Crooked Bridgeport bank drew these people with high-interest CDs that fueled embezzlement scheme

These Washington Federal Bank for Savings customers had no idea the high interest rates that attracted them were feeding the fraud. The bank’s “smooth operators” lured them in, the daughter of one victim says.

Bridgeport bank failure fallout: Washington Federal Bank for Savings shutdown cost far more than feds have said: Where did the money go? - Vimarsana News

Bridgeport bank failure fallout: Washington Federal Bank for Savings shutdown cost far more than feds have said: Where did the money go?

Authorities say they’ve recovered $59 million toward the money lost when they shut down Washington Federal Bank for Savings, but they’re still out another $81 million, records show.

Dead CEO of Bridgeport's failed Washington Federal Bank for Savings John Gembara worried over his safety, sister Janice Gembara Weston told feds - Vimarsana News

Dead CEO of Bridgeport's failed Washington Federal Bank for Savings John Gembara worried over his safety, sister Janice Gembara Weston told feds

In a sealed deposition, Janice Gembara Weston said John Gembara began bringing Marek Matczuk to the bank’s annual board meeting after the ouster of a board member.

Bridgeport's Washington Federal Bank for Savings fallout: headaches for Maggie Hickey, Kevin Hickey - Vimarsana News

Bridgeport's Washington Federal Bank for Savings fallout: headaches for Maggie Hickey, Kevin Hickey

Police consent decree monitor Maggie Hickey and chef Kevin Hickey are dealing with their late father’s losses from Washington Federal Bank for Savings’s shutdown.