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The NCUA issued October prohibition notices Wednesday that banned four former employees, including two CEOs, from participating in the affairs of any federally insured financial institution.

Savannah Yang, a former employee of the $2.2 billion Affinity Plus Federal Credit Union in Saint Paul, Minn., who opened a fraudulent account in the name of a member she knew had an intellectual disability, pleaded guilty to embezzlement in November 2017, according to federal court documents. Yang created the fake accounts in the names of members to steal money from the credit union. In March, she was sentenced to 21 months in prison, one year of supervised release, and was ordered to pay $286,665 in restitution.

Peter Strozniak

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