Newly named Acting Chair of the FDIC Martin J. Gruenberg highlighted the agency's priorities for 2022. Mr. Gruenberg previously served as Chair of the FDIC (2012 to 2017) and as Acting Chair from July 2011 to November 2012 and again from November 2005 to June 2006.
Ilya Lichtenstein and his wife, Heather Morgan, were arrested for allegedly masterminding the 2016 scheme. They are scheduled to appear at federal court in Manhattan Tuesday afternoon.