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November 30, 2017

NCUA bans 8 from future work in FIs

The NCUA in November issued three prohibition orders and five notices of prohibition, which bar individuals previously associated with credit unions from any future participation in the affairs of a federally-insured financial institution.

Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. Names and details from last month's prohibition orders follow:
  • Robert M. Burton, a former employee or institution-affiliated party of Vantage Trust Credit Union in Wilkes-Barre, Pa., agreed and consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the claims against him.
  • Diamantina Navarrete De Gomez, also known as Tina Gomez, a former employee of Tropical Financial Credit Union in Miramar, Fla., pleaded no contest to the charge of grand theft; she was sentenced to 10 years' probation.
  • Roy Frasher, the former chairman of the board of Mildred Mitchell Bateman Hospital Federal Credit Union in Huntington, W.V., agreed and consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the claims against him.
  • Lavel D. Hammons, a former employee of Tinker Federal Credit Union in Oklahoma City, Okla., pleaded guilty to the charges of using a computer to obtain money by false pretenses and conspiracy to commit a felony violation of the Computer Act; he was sentenced to 10 years in prison and ordered to pay $10,414.33 in restitution.
  • Tabitha A. Kovac, a former employee of Park City Credit Union in Merrill, Wis., pleaded guilty to the charge of theft; she was sentenced to 30 days in prison, 200 hours of community service, two years' probation and ordered to pay $8,735.42 in restitution.
  • Larry E. Martin, the former CEO of Mildred Mitchell Bateman Hospital Federal Credit Union in Huntington, W.V., agreed and consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the claims against him.
  • Martina M. Papa, a former employee of Teamsters Local 30 Federal Credit Union in Jeannette, Pa., pleaded guilty to the charge of theft; she received seven years' probation and was ordered to pay $57,100 in restitution.
  • Chasity Renee Rogers, a former employee of Midwest Regional Credit Union in Kansas City, Kan., pleaded guilty to the charges of theft and computer crime. She entered into a pretrial agreement and was sentenced to 27 months in the Wyandotte County Criminal Diversion program. Rogers was also ordered to pay $14,032 in restitution.
NCUA enforcement orders are available via a searchable database online.

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