NCUA Hits Two With Prohibition Orders
ALEXANDRIA, Va. -- NCUA issued prohibition orders for two former credit union employees last week.
Lisa Sudo, a former head teller with UFCW Federal Credit Union in Wyoming, Pa., was convicted of theft and tampering with records. She was placed on supervised probation and ordered to pay $100,000 in restitution. "Due to the circumstances and nature of the offenses to which you pled guilty, your continued participation in the affairs of any federally insured credit union may pose a threat to the interests of credit union members and threaten to impair public confidence in the credit union involved," the prohibition order read.
Sarah Marie Shelton, former accounting clerk with Peoples Advantage Federal Credit Union in Chester, Va., was convicted of embezzlement and ordered to serve 10 days of a 10-year suspended sentence. She was placed on supervised probation and ordered to pay $30,000 in restitution.
NCUA enforcement orders are online at http://www.ncua.gov/administrative_orders/Admin/administrative.html, or may be reviewed at NCUA's Alexandria, Va. headquarters. Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.