NCUA Issues Prohibition orders Against Three Individuals

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NCUA has issued Orders of Prohibition against the following individuals: William G. Carey, Sr., former treasurer, Troy Federal Credit Union, Troy, N.Y., who pleaded guilty to one felony count of embezzlement and was sentenced to imprisonment for 24 months, followed by five years of probation; William H. Carnes, former board member, New England Teamsters FCU, Arlington, Mass., who pleaded guilty to embezzlement from an employee benefit plan and mail fraud, and was sentenced to probation for 60 months; and George W. Cashman, former board member, New England Teamsters FCU, Arlington, Mass. who pleaded guilty to extortion, embezzlement from an employee benefit plan and mail fraud, and was sentenced to imprisonment for 34 months, followed by 36 months of probation.

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