The NCUA announced Monday that it issued four prohibition orders in February banning individuals who have been convicted of crimes of dishonesty from participating in the affairs of any federally insured financial institution.
Dorothy Stegall Barnes, a former employee of the $226 million Pantex Federal Credit Union in Borger, Texas, pleaded guilty to the charge of embezzlement. Barnes was sentenced to 30 months in prison and five years' supervised release. She was ordered to pay $797,336.47 in restitution.
Leticia Griffiths, a former employee of the $29 million Tri-Cities Community Federal Credit Union in Kennewick, Wash., pleaded guilty to theft. Griffiths was sentenced to 60 days in prison, granted a work release, and ordered to pay $25,679.84 in restitution.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
