ALEXANDRIA, Va. — NCUA issued four prohibition orders Friday, banning the following people from participating in the business of any federally insured financial institution.
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- Jeanette Abbott, a former employee at Malheur FCU, Ontario, Ore., who plead guilty to charges of theft, embezzlement or misapplication by a credit union officer. Abbot was sentenced to four years in prison, three years of supervised release and ordered to pay more than $93,000 in restitution.
- Carol Ann Ferravo, a former staffer at Chaffey FCU, Upland, Calif., who plead guilty to embezzlement. She was sentenced to 30 months in prison, five years of supervised release and ordered to pay more than $1 million in restitution.
- Justine Martin, a former Leominster CU employee in Leominster, Mass., who admitted to facts sufficient for being found guilty to charges of larceny of more than $250. She was sentenced to five years of supervised probation and ordered to pay nearly $18,000 in restitution.
- Nancy Ann Secoda, a former employee at Vons Employees FCU, El Monte, Calif., who was convicted on charges of grand theft and willfully obtaining personal information (charges to which she plead no contest). Secoda was sentenced to five years in prison and ordered to pay restitution of more than $712,000.
Violating an NCUA prohibition order is a felony punishable by prison time and a fine of up to $1 million.
