Index/Organizations/Franklin Community Federal Credit Union

Franklin Community Federal Credit Union

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Dec 5, 2025
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what was the franklin cover-up

The "Franklin cover-up" refers to allegations that a major 1988 investigation into the Franklin Community Federal Credit Union in Omaha—where roughly $38–$40 million was stolen under manager Lawrence ...

Dec 5, 2025
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What were the main allegations in the Franklin child sex abuse scandal?

The Franklin affair began after the 1988 collapse of the Franklin Community Federal Credit Union and centered on allegations that its manager, Lawrence E. “Larry” King Jr., and other powerful figures ...

Dec 12, 2025
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Who were the key figures accused in the Franklin child sex abuse scandal and what were their alleged roles?

The central accused figure in the Franklin child sex-abuse allegations was Lawrence E. “Larry” King Jr., manager of the Franklin Community Federal Credit Union, who was alleged to have hosted parties ...

Dec 7, 2025

What evidence linked prominent Nebraska figures to the Franklin allegations?

The Franklin allegations centered on Lawrence E. “Larry” King Jr., manager of the Franklin Community Federal Credit Union, accused in 1988–90 of hosting “lavish parties” where minors were sexually abu...

Jan 16, 2026

What types of evidence connected Nebraska politicians or businessmen to the Franklin allegations?

The Franklin allegations linked Nebraska politicians and businessmen through three broad classes of evidence presented during the late-1980s inquiry: witness testimony from alleged victims and associa...

Feb 6, 2026

What was the outcome of the Franklin investigation, including prosecutions, convictions, and overturned claims?

The into alleged child sex trafficking centered on Lawrence E. “Larry” King Jr. and the collapse of the produced no criminal convictions of a trafficking ring and multiple grand juries later character...

Feb 6, 2026

What role did law enforcement and prosecutors play in the Franklin investigation and were there allegations of a cover-up?

Law enforcement first entered the as a financial probe: federal agents raided the in November 1988 looking into $38–$40 million in alleged tied to manager Lawrence E. “Larry” King Jr. . Allegations th...

Feb 4, 2026

What did the 1990s investigations into the Franklin scandal determine and what legal outcomes followed?

The 1990s investigations into the established that the was the site of massive while multiple official probes and grand juries found no credible evidence of a nationwide, high‑level as alleged by acti...

Feb 2, 2026

the franklin scandal

began as the collapse of the in , where roughly $38–$40 million was found missing and its manager, , was later convicted of embezzlement, and it quickly metastasized into explosive allegations that a ...

Jan 15, 2026

How did law enforcement and prosecutors respond to the Franklin scandal over time?

Law enforcement’s response to the Franklin scandal unfolded in two overlapping tracks: a robust criminal and civil response to the massive Franklin Credit Union embezzlement, and a halting, contested,...