ALEXANDRIA, Va. – The former branch manager for Advantage One CU was barred from the credit union industry yesterday by NCUA for her conviction of embezzling $335,000 from the Carroll, Iowa, credit union.
Robin Andersen, 44, was convicted on charges of bank fraud and money laundering and ordered to $337,217 in restitution.
From November 2000 through October 2004, Andersen used the names and personal identifiers of credit union members to obtain loans and credit cards, the proceeds of which she kept for her own use. She then cooked the books to conceal the theft.
Also banned yesterday were:
Hong Kyu Chun, a former employee at Korean American Chamber of Commerce FCU, Bronx, N.Y., was convicted of bank fraud and sentenced to 6 months house arrest, 3 years of supervised probation and ordered to pay $70,000 in restitution to the credit union.
Nora Costlow, former manager of BMA CU, Mesquite, Texas, consented to entry of a Prohibition Order to avoid the time and cost of litigation.
Renee Gooden, former temporary employee of Empower FCU, Syracuse, N.Y., was convicted of grand larceny and sentenced to 4 concurrent weekends in jail, 5 years of supervised release and ordered to pay $4,550 in restitution.
Leah Louise Krueger, former employee of Reliant FCU, Casper, Wyoming, pled guilty to larceny and received a suspended sentence of 6 to 8 years, which will be vacated provided 10 years of supervised probation is successfully completed. Krueger was order to pay $90,000 in restitution.
Kim Streibich, former employee of Silverado CU, Mountain View, Calif., was convicted of grand theft and taking, damaging or destruction of property, and she was sentenced to 9 months in jail and 5 years of supervised probation.
