Index/Organizations/Franklin Community Federal Credit Union

Franklin Community Federal Credit Union

Fact-Checks

6 results
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 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 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 ...

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...

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 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,...