The NCUA on Friday issued an order prohibiting a former employeeof N&W Poca Federal Credit Union from participating in theaffairs of any federally insured financial institution.
|Pamela Mullins, the former employee of theBluefield, W.Va. credit union, was convicted of aiding andabetting bank fraud, according to the regulator.
|Mullins was sentenced to 30 months in prison, three years ofsupervised probation and ordered to pay restitution of $2.4million.
|Violation of a prohibition order is a felony offense punishableby imprisonment and a fine of up to $1 million.
|Mullins and Rebecca Poe, another former employee, were accusedof contributing to the failure of the credit union in 2008, when ithad $6 million in assets and 1,194 members. Poe was earlier bannedby the NCUA.
|NCUA enforcement orders are online.
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