ALEXANDRIA, Va. — NCUA issued its prohibition orders for the month of March on Monday, this time barring only one person from participating in the affairs of any federally insured financial institution.
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The regulator barred Rhandy Tabar, a former employee of Uncle CCU, Livermore, Calif., who pleaded no contest to charges of grand theft embezzlement.
Tabar was sentenced to five years' probation, with the first year served in county jail. Additionally, Tabar was ordered to stay away from the credit union, enter into treatment for gambling addiction and pay restitution to the CU in the amount of $606,541.33
Violation of NCUA prohibition orders is a felony offense punishable by imprisonment and a fine of up to $1 million.
