Prohibitions for September were announced Friday by the federal bank deposit insurance agency, including two for allegedly misappropriating hundreds of thousands of dollars from their respective banks.
The Federal Deposit Insurance Corp. (FDIC) said Shelley C. Bounchareune, a former employee of Century Bank in Lucedale, Miss., and Mountee Brown, a former financial service specialist at Truist Bank in Charlotte, N.C. were both prohibited.
According to the FDIC, Bounchareune allegedly conducted multiple unauthorized personal transactions using funds from the accounts of four customers of the Mississippi bank, causing a loss to the institution of approximately $185,590.70. Those actions occurred during her employment from August 2022 through April 2023, the agency claimed.
Meanwhile, the agency alleged that Mountee Brown, while working at Truist Bank in Charlotte, between October and November 2022, authorized the withdrawal of funds from customer accounts to individuals who were not authorized to receive those funds. The FDIC further alleged that the bank suffered a loss of $255,000 and Brown received financial gain of at least approximately $30,200.
FDIC Enforcement Decisions and Orders
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