NCUA Issues Prohibition Orders
The NCUA Board today issued orders prohibiting two former credit union employees from participating in the affairs of any federally insured financial institution.
Carla Y. Daniels, a former employee of School Systems Federal Credit Union, Albany, N.Y., was convicted of grand larceny and sentenced to five years' probation.
John Freundner, a former employee of BMI Federal Credit Union, Dublin, Ohio, was convicted of theft and sentenced to five years of mental health supervision and 60 hours of community service. Freundner was also ordered to pay $125,025 in restitution.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
NCUA enforcement orders are online at: