ALEXANDRIA, Va. – NCUA has issued six orders in December prohibiting the following individuals from participating in the affairs of any federally insured financial institution:
- Nicole Cheung, a former employee of OTS Federal Credit Union in Honolulu, Hawaii, pleaded guilty to the charges of embezzlement and misapplication of funds. Cheung was sentenced to 20 days in prison, five-years supervised release and ordered to pay restitution in the amount of $21,607.
- Jan Lyle, also known as Janet Hoffman, the former CEO of Health Care Professionals of Napa Federal Credit Union in Napa, Calif., consented to the issuance of an order of prohibition to avoid the time and expense of administrative litigation.
- Lois M. Morabito, a former employee of Leominster Credit Union, in Leominster, Massachusetts, admitted to the facts sufficient for a finding of guilty of the charges of larceny, forged records, receipt of stolen property and check forgery. Morabito was ordered to pay restitution in the amount of $5,867.59.
- Jenny Nishida, a former employee of OTS Federal Credit Union in Honolulu, Hawaii, pleaded guilty to the charge of embezzlement and misapplication of funds. Nishida was sentenced to 13 months in prison, five-years supervised release and ordered to pay restitution in the amount of $330,459.99.
- Patricia A. Simko, a former employee of ACMG Federal Credit Union in Solvay, N.Y., consented to the issuance of an order of prohibition to avoid the time and expense of administrative litigation.
- Dona Takushi, a former employee of OTS Federal Credit Union in Honolulu, Hawaii, pleaded guilty to the charges of embezzlement, misapplication of funds and making false entries. Takushi was sentenced to 15 months in prison, five-years supervised release and ordered to pay restitution in the amount of $78,138.55.