ALEXANDRIA, Va. (7/1/14)--Six individuals have been prohibited from participating in the affairs of any federally insured financial institution, according to orders issued by the National Credit Union Administration Monday.
These individuals are:
- Charlene Arva, a former employee of Canandaigua (N.Y.) FCU, with $22.3 million in assets, pleaded guilty to the charge of grand larceny. Arva was sentenced to a prison term of no less than 30 months and no more than 90 months;
- Crystal Ferreira, a former employee of Columbus CU, Providence, R.I., with $67 million in assets, pleaded guilty to the charge of embezzlement. Ferreira was sentenced to three years supervised release and ordered to pay restitution in the amount of $437,250;
- Robert Foster, a former employee of United Neighbors FCU, Watertown, N.Y., with $4.8 million in assets, pleaded guilty to the charge of falsifying business records. Foster was fined $795;
- Felisa Kazimierczak, a former employee of Greylock FCU, Pittsfield, Mass., with $1.1 billion in assets, pleaded guilty to the charges of kidnapping, misleading a police officer, filing a false crime report, making false entries and larceny. Kazimierczak was sentenced to four years in prison;
- Renee Thomas, a former employee of Community CU, Tacoma, Wash. with $12 million in assets, pleaded guilty to the charges of misapplication of credit union funds and wire fraud. Thomas was sentenced to 18 months in prison, three years supervised release and ordered to pay restitution in the amount of $126,469; and
- Karen York, a former employee of VA Hospital FCU, Little Rock, Ark., with $8.4 million in assets, pleaded guilty to the charge of embezzlement. York was sentenced to one month in prison, two years supervised release and ordered to pay restitution in the amount of $51,920.77.
readers will recall Kazimierczak's name from articles in 2013. She initially claimed that an unidentified individual left a note on her car threatening to harm her daughter unless Kazimierczak delivered a substantial amount of cash to a nearby location. But police said the story was fabricated and that Kazimierczak embezzled the money by taking cash allocated for area ATMs and delivering it to a false drop off site after coercing a co-worker into standing watch while she was gone. Pittsfield police allegedly found a bag of cash in Kazimierczak's car totaling the amount missing from the vault, less $58,000, and learned she allegedly had moved money between ATMs shortly after an impending audit was announced by Greylock managers.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
Use the resource link below for a list of NCUA enforcement orders.