NCUA bans six former credit union employees

first_img 15SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » Six former credit union employees, including two CEOs, a commercial services manager, a teller and a senior member service representative were banned from participating in the affairs of a federally insured financial institution, according to a prepared statement Friday from the NCUA.Karen Schenck, the former president/CEO of the $4.6 million Corry Area Federal Credit Union in Corry, Pa., pleaded guilty to embezzlement. She was sentenced in May to two years in prison, and five years of supervised release. Schenck was also ordered to pay $741,362 in restitution.Theresa J. Blageo, the former president/CEO of the $2.5 million Eaton Employees Credit Union in Eden Prairie, Minn., consented to a prohibition order and agreed to comply with all of its terms to settle the NCUA’s claims against her, which were not specified by the federal agency. Although Blageo was not convicted of any crime, federal court records show she declared Chapter 13 bankruptcy along with her husband in December 2009 while she was president/CEO of the credit union. They had more than $600,000 in debts, according to court records.  The bankruptcy case was discharged in April 2015. Blageo, who became the CEO in September 2002, left the credit union in January 2016.Allison M. Bushart, a former teller at the $5.6 billion Patelco Credit Union in Pleasanton, Calif., who stole from senior citizens, including a few who had dementia, pleaded guilty to embezzlement and submitting a false federal tax return. Bushart was sentenced to two years and seven months in prison in March and three years of supervised release. She was also ordered to pay $521,661 in restitution.last_img read more

Bramble, Singh, Fudadin fined for breaching Code of Conduct

first_imgST JOHN’S, Antigua – Cricket West Indies (CWI) advised yesterday that Guyana Jaguars’ pair of Anthony Bramble and Vishaul Singh, along with Jamaica Scorpions’ Assad Fudadin were penalised for Level 1 breaches of the Code of Conduct during the eighth round of matches which ended on Sunday in the Digicel 4-Day Championship.Bramble, Singh and Fudadin all admitted to their respective offences – which occurred in the match between Scorpions and Jaguars at Sabina Park in Kingston, Jamaica – and accepted the imposition of the proposed sanctions, so there was no need for formal hearings.The charges were brought by umpires Jacqueline Williams and Johnathan Blades, along with reserve umpire Christopher Wright.Match referee Denovan Hayles imposed fines as per the Code of Conduct having considered the umpires’ reports.Bramble was fined 15 per cent of his match fee for a breach of Section 1.2 of the Code of Conduct during Jaguars’ second innings, when he was dismissed.The umpires reported that Bramble pointed to his shoulder, indicating the ball did not touch his bat, when he was given out caught-behind in the 13th over of his side’s second innings, displaying behaviour that could be deemed as showing dissent at an umpire’s decision by action or verbal abuse.Singh was charged 20 per cent of his match fee for a breach of Section 1.1 of the Code of Conduct during Jaguars’ second innings, when he was dismissed.Singh was reported by the umpires for slamming his bat into the pavilion wall on leaving the field after his dismissal and then hitting a bottle in the direction of the reserve umpire, displaying behaviour that could be deemed as abuse of cricket equipment or clothing, ground equipment or fixtures and fittings.Fudadin was fined 15 per cent of his match fee for a breach of Section 1.2 of the Code of Conduct during the 38th over of the Jaguars’ second innings, when batsman Shivnarine Chanderpaul was ruled “not-out” following an appeal.The umpires reported that Fudadin threw the ball and his helmet to the ground in dissatisfaction following the umpire’s ruling, displaying behaviour that could be deemed as showing dissent at an umpire’s decision by action or verbal abuse.last_img read more