The NCUA on Wednesday issued prohibition orders designed to keepsix individuals from five credit unions from further participatingin the affairs of any federally insured financial institution.

Marivic Arano, a former employee of SanFrancisco-based Sierra Point Credit Union, entered a no-contestplea to felony charges of embezzlement and grand theft. Arano wassentenced to five years in prison and ordered to pay a fine of$1,040 and restitution in the amount of $202,205.97.

David Beard, a former director of HealthAlliance Federal Credit Union in Somerville, Mass., admitted tofacts sufficient for a charge of larceny. Beard was ordered to payrestitution in the amount of $7,709.38.

Shawn Lee Nelson, a former vice president oflending at Houston-based Members Choice Credit Union, consented tothe issuance of a prohibition order to avoid the time, cost andexpense of administrative litigation. Nelson faces sentencing in September after pleading guilty toembezzling $340,309 by opening signature loan accounts in the nameof three members.

Michael Saad, a former appraiser used by DHCUCommunity Credit Union in Moline, Ill., was convicted of makingfalse statements to a federally insured credit union. Saad wassentenced to six months in prison, six months of home confinement,two years of supervised release, and ordered to pay restitution inthe amount of $131,575.06.

Nkajlo Vangh, a former director, andTrue Yang Vangh, a former employee of HmongAmerican Federal Credit Union in St. Paul, Minn., consented to theissuance of a prohibition order to avoid the time, cost and expenseof administrative litigation. The NCUA had closed and liquidated the $2.7 million credit union in May2011.