The Franklin Community Federal Credit Union scandal, masterminded by Lawrence E. King Jr., began with financial crimes, but investigations soon uncovered alleged crimes against children, exploitation, and satanic rituals. The conspiracy and depravity implicated national politicians, police officers, and billionaires within Omaha, Nebraska, and the nation at large. Lawrence King’s ascension to the Franklin Community Federal Credit Union management in 1970 marked the start of an era leading to one of Nebraska’s most complex and dark chapters. Today, the Franklin Scandal remains a dark shadow over Omaha—a storm of alleged cover-ups and conspiracies, a sobering reminder of the potential for evil to infiltrate the most trusted institutions, and a testament to the courage of those who stood against it.
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