ALEXANDRIA, Va. (6/2/14)--In its May enforcement orders prohibiting nine individuals from participating in the affairs of any federally insured financial institution, the National Credit Union Administration noted that five of the individuals pleaded guilty to theft or larceny while four others consented to the issuance of the prohibition order to avoid the time and expense of administrative litigation.
According to an NCUA releases, the May enforcement orders involved the following individuals:
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
Use the resource link to view NCUA's enforcement order--searchable by name, institutions, city, state and year. The webpage also provides links to the enforcement actions of other federal banking regulators against other institutions or their affiliated parties.