If not for a new computer system that caught Ms. Villacorta's improper credits, Ms. Robins said, she "would almost certainly have continued to defraud Saks Fifth Avenue at even greater financial and emotional cost to the company".
But the company was cited by federal bank regulators for using improper assumptions to identify credit quality problems, and last November it filed for bankruptcy protection.
In all, prosecutors said, Ms. Villacorta credited $1.4 million in improper refunds, but a jury acquitted her of the most serious charge of first-degree grand larceny.
Both companies agreed to repair any damage their improper foreclosures had caused to the credit scores of the affected homeowners.
Consider including a copy of your current credit report with the improper address circled or highlighted.
In addition, the letter should indicate your desire to have the correct address placed on the credit report, with the improper address being removed completely.
Those fees are improper and illegal and should be credited back to the homeowners".
The accusations, which include improper political donations and personal use of a company credit card, were made by Israel Rivera Jr., a union secretary-treasurer who was forced out in October by the union's executive board.
This is further evidenced by the persistence of issues that led to the establishment of such programs, such as the low mobilization of savings, the improper use of conventional banks services and inadequate rural credit deliveries to rural small scale producers, as exemplified by financial exclusion.
The inspector general for the Internal Revenue Service has estimated over one-fifth of EITC payments are improperly issued, though defenders of the credit argue that payments can be deemed improper without being fraudulent.
