ALEXANDRIA, Va.—NCUA issued one prohibition order and one prohibition notice in December, the agency announced.
The individuals below are permanently prohibited from participating in the affairs of any federally insured depository institution.
Prohibition Order:
Demetria Baker, a former employee of Lynchburg Municipal Federal Credit Union in Lynchburg, Va.
Notice of Prohibition:
Teresa Paulo, a former employee of Southern Pine Credit Union in Valdosta, Ga. Paulo was part of a fraud scheme that involved the CU’s former CEO, Leah Lehman. The scheme involved the creation of fake loans. Paulo pleaded guilty to one count of bank fraud and one count of aggravated identity theft on Nov. 2, 2023.