Seven former credit union employees were barred from any future work in federally insured financial institutions under prohibition notices and orders disclosed last month by the National Credit Union Administration (NCUA).
NCUA reported five prohibition notices and two consent prohibition orders for the following:
Richard Fortney, while a manager at Mid East Tennessee Community Credit Union in Decatur, Tenn., (from at least June through October 2018), “with knowledge and intent, allowed the filing of false Call Reports containing inaccurate financial data intended to manipulate the Credit Union’s regulatory net worth ratio,” according to a consent order of prohibition.
Connie Marie Kent, a former employee of Topeka Post Office Credit Union (now 1st Kansas Credit Union) in Topeka, Kan., pleaded guilty in the U.S. District Court for the District of Kansas to the charge of embezzlement and was sentenced June 25, NCUA said in a prohibition notice.
Jamelah Y. Martinez, a former employee of Suncoast Credit Union in Tampa, Fla., pleaded guilty in the U.S. District Court for the Middle District of Florida to the charge of conspiracy to commit bank fraud and was sentenced on or about Dec. 19, 2018, a notice states.
Devin S. Williams, another former employee of Suncoast Credit Union in Tampa, Fla., pleaded guilty in the U.S. District Court for the Middle District of Florida to the charge of conspiracy to commit bank fraud and was sentenced March 5, according to the notice of prohibition.
Jenifer M. Nelson, a former employee of Baker’s Federal Credit Union in Omaha, Neb., pleaded guilty in the District Court of Douglas County, Neb., to the charge of attempted theft and was sentenced July 25, NCUA stated in its notice.
Teresa Ann Perkins, a former employee of Community United Federal Credit Union in Waycross, Ga., pleaded guilty in the U.S. District Court for the Southern District of Georgia to the charge of theft, embezzlement or misapplication of funds, NCUA stated.
Jasmine Marie Santos, a former institution-affiliated party of People’s Alliance Federal Credit Union in Hauppauge, N.Y., according to a consent order, “without authorization” issued fictitious loans to unknowing members; caused the credit union to disburse funds from these loans via teller checks; cashed the disbursement checks for the above-mentioned fictitious loans; and converted and used the funds for her own purposes.
Prohibition and administrative orders are searchable by name, institution, city, state, and year at the NCUA’s Administrative Orders webpage. NCUA says rhe webpage also provides links to the enforcement actions of federal banking agencies against other institutions or their affiliated parties.