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Washington
Six banned by NCUA from credit union work
ALEXANDRIA, Va. (4/4/12)—Six former credit union employees—three from New York, one from Hawaii, one from Kansas, one from North Carolina—have been banned from  participating in the affairs of any federally insured financial institution by the National Credit Union Administration (NCUA).

The NCUA issued prohibition orders to the following individuals:

  • Cynthia Vaughan, a former employee of Rockland Employees FCU, Spring Valley, N.Y., who was convicted of bank fraud.  The NCUA said Vaughan was sentenced to 18 months in prison; three years supervised probation, and ordered to pay restitution in the amount of $150,000;
  • Daniel Mahiai, a former employee of Molokai Community FCU, Kaunakakai, Hawaii, was convicted of embezzlement. Mahiai was sentenced to 27 months in prison; five years supervised probation, and ordered to pay restitution in the amount of $168,280.39, according to the NCUA;
  • Jason J. LaPierre, a former employee of Hudson Community CU, Corinth, N.Y., was convicted of grand larceny and, according to the agency release, was sentenced to a minimum of three to nine years in prison;
  • Joyce Ann Outlaw, a former employee of Shuford CU, Granite Falls, N.C., was convicted of embezzlement. The NCUA said Outlaw was sentenced to 36 months of supervised probation and ordered to pay restitution in the amount of $5,000;
  • Melinda K. Riddle, a former employee of Leavenworth Teachers & Community CU, Leavenworth, Kan., was convicted of theft. Riddle was sentenced to two years supervised probation and ordered to pay restitution in the amount of $66,192.22, the NCUA said; and
  • Nathaniel Ham, a former employee of NY Team FCU, Hicksville, N.Y., was convicted of conspiracy to launder money and engage in monetary transactions involving criminally derived funds.  The NCUA said Ham was sentenced to 32 months in prison; three years supervised probation, and ordered to pay restitution in the amount of $1,136,034.
 

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 see NCUA enforcement orders online.
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