The Hibernian Catholic Benefit Society is a friendly society in New Zealand, with a former associated credit union.
[1] After a large case of fraud occurring over several years through the early 2000s, in which an employee stole an estimated $1.24 million in society money, the associated credit union had to be wound up, and the society had to default on a large amount of the moneys held for its depositors.
However, the society noted that it would continue to exist and strive to fulfill its aims.
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