Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Transfer $70k from Wells Fargo (US) to my other account at a Credit Union bank
The LLC is paying you.  It would only be fraudulent if you were trying to move the money out of the LLC to avoid a liability.  I'm pretty sure the transaction will be taxable income for you personally.  Consider consulting with a CPA to ensure that you're doing the proper record keeping and to get advice on the best way to minimize tax burden while achieving your goals.