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NCUA has put out an eight-part video series on detecting and preventing employee fraud and released the last five on its YouTube channel Monday.

During the October NCUA Board meeting, staff reported that out of the $30.4 million that the National Credit Union Share Insurance Fund lost due to 12 credit union failures this year, $28.6 million was related to fraud.

The series, "Deterring, Preventing and Detecting Employee Dishonesty," comes out of NCUA's Office of Small Credit Union Initiatives. The first three videos gave an overview of the series and focused on developing a policy on employee fraud and doing surprise cash counts. The five videos released this week focus on separation of duties, employee and family member accounts and behavioral red flags, among other issues.