ALEXANDRIA, Va. (August 19, 2011) – The National Credit Union Administration (NCUA) has issued an order prohibiting the following individual from participating in the affairs of any federally insured financial institution:
- Nazreen Mohammed, a former employee of Fairwinds Credit Union, Orlando, Fla., was convicted of bank fraud and aggravated identity theft. Mohammed was sentenced to 60 months imprisonment, 3 years supervised probation and ordered to pay restitution in the amount of $83,236.12.
NCUA enforcement orders are online here, and may be inspected at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Monday through Friday. Copies may be ordered by mail from NCUA, 1775 Duke St., Alexandria, Va. 22314-3428.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
NCUA is the independent federal agency created by
the U.S. Congress to regulate, charter and supervise
federal credit unions. With the backing of the full
faith and credit of the U.S. Government, NCUA
operates and manages the National Credit Union Share
Insurance Fund, insuring the deposits of more than 96
million account holders in all federal credit
unions and the overwhelming majority of
state-chartered credit unions.