Nikolaychuk v. Wescom Credit Union, L.A.S.C. Case No. BC 427 843.
Bank Misconduct and Identity Theft. A Credit Union was alleged to have wrongfully reversed credit on a deposit of $250,000 months after the deposit was made and after the midnight deadline rule. Mr. Kar also uncovered evidence incriminating a manager at the credit union and showing a history of money disappearing when this manager worked. Mr. Kar also skillfully got the credit union’s risk manager to admit to ordering several hundreds of thousands of dollars withdrawn out of the member’s account without permission after an identity thief stole $320,000 out of the member’s account.
Results: Confidential High Six-Figure Settlement.