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NCUA official seal NCUA official seal. (Source: NCUA)

Three former credit union employees were banned from ever participating in the affairs of any federally insured financial institution, the NCUA said Friday.

Indira Mohabir, former business loan processor, was sentenced to 18 months of home confinement by a California federal judge in January for opening nearly $3 million in lines of credit for her boyfriend. The scheme caused more than $1 million in losses at the then Western Federal Credit Union, now the $4 billion Unify Financial Credit Union based in Allen, Texas, which operates 13 branches in California.

Peter Strozniak

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