NCUA Doles Out Handful of Prohibition Orders

ALEXANDRIA, Va.-NCUA recently ordered six individuals to stay away from the affairs of any federally insured financial institution. America First Federal Credit Union former branch manager Brenda Lee Busico, who also lived under two aliases, pled guilty to theft, embezzlement, or willful misapplication of credit union funds. She was sentenced to supervised release for 60 months and ordered to pay $74,464 in restitution. Former Syracuse Federal Credit Union Branch Manager Christine T. Quonce pled guilty to embezzling credit union funds. She was sentenced to six months in federal prison, five years of supervised probation and ordered to pay $124,359 in restitution. Former SE Erie Industrial Federal Credit Union teller Linda Marie Thompson also pled guilty to embezzlement. She received a 15-month prison sentence, five years of supervised probation, and was ordered to pay $116,800 in restitution. Additionally, former Vice President of Princeton University Federal Credit Union Kimberly Hawkinson, former manager of Austin West Garfield Federal Credit Union Fregeania Sample, and Catherine Lynn Moss, a former manager at Southern Delaware Postal Employees Federal Credit Union, each, without admitting or denying fault, consented to a prohibition order to avoid the time and expense of litigation. Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.