Former credit union board chair indicted

first_img continue reading » 18SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr A former board chair of a Virginia credit union was indicted Thursday on 20 felony charges of forgery, check forgery and ID fraud.Mark M. Whitaker served as board chair of the $101,630 New Bethel Federal Credit Union in Portsmouth, Va. from at least 2012 to 2015 when the credit union liquidated because of its poor financial condition. The 172-member credit union, chartered in 1978, was associated with the New Bethel Baptist Church also in Portsmouth where Whitaker is an associate pastor. He also is a Norfolk city council member.The indictments identified three victims, including Malinda Starkley who also served on the New Bethel FCU board of directors as its treasurer from 2012 to 2015, NCUA documents show. Starkley also is listed as a trustee and deacon of the New Bethel Baptist Church.She was a victim of fourteen of the 18 charges of forgery and forged checks. The indictments did not divulge the total amount of the forged checks. All of the crimes committed against Starkley occurred on Aug. 23, 2013 while the credit union was operating, according to the indictments.last_img read more

Aker Solutions Scoops Troll Job

first_imgAker Solutions has won a contract from Statoil for front end engineering and design of a module that will increase output at Troll, one of Norway’s largest natural gas fields.The order includes an option for engineering, procurement, construction and installation of the module, which will receive and process gas from the Troll West field before it is exported to the onshore Kollsnes facility near Bergen in Norway. The module will be installed on the Troll A platform in the North Sea.“We’re excited to start working on the next phase of this important development and look forward to collaborating with Statoil to optimize value from this field,” said Aker Solutions chief executive officer Luis Araujo.The Troll field, located about 65 kilometers west of Kollsnes, contains around 40 percent of Norway’s offshore gas reserves. Production from the field is expected to continue beyond 2050.The contract will be booked as part of Aker Solutions’ third-quarter orders, the company noted.last_img read more