The National Credit Union Administration has served three former credit union employees with prohibition orders barring them from working for any federally insured financial institutions.
Claudia Rawes was issued a prohibition order after pleading guilty to embezzlement. She reportedly admitted to embezzling funds from her former employer, Centra Health Credit Union in Lynchburg, Va., since the early 1990s, leading to a more than $1 million shortfall for the institution. She was sentenced to 78 months in prison and 5 years supervised release, and ordered to pay $1.97 million in restitution.
Lora Lynn Webb, a former employee of Cape Regional Credit Union in Cape Girardeau, Mo., was issued a prohibition order after she also pleaded guilty to embezzlement. She was sentenced to five months in prison and 1 year supervised release.
Terri Jean Groff also received a prohibition order, which she consented to in a deal to avoid litigation. She worked for Money One Federal Credit Union in Largo, Md.
