ALEXANDRIA, Va.—NCUA has issued prohibition orders against three people:
- Linda Sue Newcomb, the former manager of the now closed Lynrocten Federal Credit Union in Lynchburg, Va., pleaded guilty to the charges of embezzlement, bank fraud and aggravated identity theft. Newcomb was sentenced to 10 years in prison and five-years supervised release. She also was ordered to pay more than $11.7 million in restitution.
- Douglas Ratcliffe, a former employee of InTouch Credit Union in Plano, Texas, pleaded guilty to the charge of credit union theft. Ratcliffe was sentenced to 21 months in prison and five-years supervised release. He also was ordered to pay restitution in the amount of $388,607.82.
- Bernie D. Metz, the former CEO and manager of the now closed Center Valley Federal Credit Union in Wheeling, W.Va., pleaded guilty to the charges of money laundering and embezzlement from a credit union by an employee. Metz was sentenced to nine years in prison and five-years supervised release. She also was ordered to pay more than $4.8 million in restitution.