ALEXANDRIA, Va. (6/28/12)--The National Credit Union Administration (NCUA) on Wednesday blocked former KBR CU employee Edgar Hugh Kelly and former Hingham (Mass.) FCU employee Joanne Taylor from participating in the affairs of any federally insured financial institution.
Kelly, who worked for the Tacoma, Wash., credit union, was recently convicted of theft from a lending, credit, or insurance institution and sentenced to 33 months in prison and three years of supervised release. He will also pay $440,000 in restitution.
Taylor is scheduled to serve five years of supervised release and will pay $35,000 in restitution. She was convicted of larceny by a credit union employee.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. Use the resource link to access all NCUA prohibition orders.
For the full NCUA release, use the resource link.