news.cuna.org/articles/109638-theft-embezzlement-lead-to-4-prohibitions

Theft, embezzlement lead to 4 prohibitions

March 1, 2016

WASHINGTON (3/1/16)--Four notices of prohibition were issued by the National Credit Union Administration Monday, barring the named individuals from participating in the affairs of any federally insured financial institution.

Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.

The individuals are:

  • Dorothy Stegall Barnes, a former employee of Pantex FCU, 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 restitution in the amount of $797,336.47;
     
  • Leticia Griffiths, a former employee of Tri-Cities Community FCU, Kennewick, Wash., pleaded guilty to the charge of theft. Griffiths was sentenced to 60 days in prison, granted a work release, and ordered to pay restitution in the amount of $25,679.84;
     
  • Derek Ray Miller, a former employee of Kansas State University FCU, Manhattan, Kan., pleaded guilty to the charge of theft. Miller was sentenced to seven months in prison before being granted parole. As part of his parole, Miller is required to serve 60 days in prison on weekends and will serve one year of probation; and
     
  • Kathryn Sue Simmerman, a former employee of Shoreline FCU, Norton Shores, Mich., pleaded guilty to the charges of embezzlement and structuring. Simmerman was sentenced to 78 months in prison and two years’ supervised release. She was ordered to pay restitution in the amount of $1,945,000.

Credit unions may search prohibition and administrative orders by name, institution, city, state and year.