The NCUA issued an order Mondayprohibiting a former credit union employee from participating inthe affairs of any federally insured financial institution.
|Rhandy Tabar, a former employee of the $277 million UNCLE CreditUnion in Livermore, Calif., was sentenced to five years' probationafter pleading no contest to the charges of grand theft andembezzlement.
|Also of Interest:
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NCUABans Fired Gambler Over $146,583 Theft From SELCO
Two Bannedby NCUA
The first year of his sentence will be served in county jail.Tabar was ordered to stay away from UNCLE Credit Union and muststart a gambling addiction treatment program. He must also payrestitution in the amount of $606,541.33.
|Violating a prohibition order is considered a felony offensepunishable by imprisonment and a fine of up to $1 million.
|Tabar was the only individual who received a prohibition orderfrom the NCUA in the month of March.
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