The NCUA in May issued two prohibition notices and one prohibition order, prohibiting an individual previously associated with credit unions from any future participation in the affairs of a federally-insured financial institution.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. The names and details from last month’s prohibition notices and order follow:
- Ryan L. Baum, a former employee of Northeastern Operating Engineers Federal Credit Union in Whitestone, N.Y., was sentenced on the charge of petit larceny;
- Frances McComas, a former employee of West Virginia Federal Credit Union in South Charleston, W.Va., was sentenced on the charge of embezzlement; and
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