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Franklin Community Federal Credit Union collapse

The 1988 collapse of the Franklin Community Federal Credit Union led to allegations of a child prostitution and trafficking ring.

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Jan 16, 2026
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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...

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,...