ALEXANDRIA, Va. - (01/09/06) The former manager of FairleighDickinson University FCU was banned from the credit union industryby NCUA Friday for embezzling about $2.2 million by opening a dozenaccounts under phony names, including one in the name of his cat.Daniel Doyle, Jr., 60, who confessed to using his teller code toopen accounts under several aliases, including Cocoa Tin, his cat,was sentenced in October to 46 months in prison and ordered to pay$1.7 million in restitution, the loss the credit union was able todocument. Also banned by NCUA Friday were: Marabeth Peets, formeraccounting supervisor at Sea Comm FCU, Massena, N.Y., forembezzling more than $410,000 from the credit union: KatherineWright, former manager of Texas First United FCU, for stealing$86,000 from the Forth Worth credit union; and Tracy Mayshack,former employee at Industrial CU, for theft of $60,00 from theWhatcom County, Washington, credit union. NCUA also banned: BonnieBlaising, former employee at Reliable FCU, Fort Wayne, Ind.; AmandaOlney, former teller at Syracuse Postal FCU, Syracuse, N.Y.; andJoyce Miles, former loan manager at ASHE FCU, Little Rock,Ark.
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A first look at the capital plan suggests it moves the real estate finance industry closer to changes it lobbied for, but the devil may be in the details.
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