ALEXANDRIA, Va. — NCUA said it issued three prohibition orders against former credit union employees in May. As a result, the following individuals will be barred from participating in the affairs of any federally-insured financial institution:

Amy Waikiki, an ex-employee of the former Kulia Ohana Federal Credit Union, Wailuku, Hawaii (since merged with Valley Isle FCU), pled guilty to embezzlement and misapplication of monies by a federal credit union employee. She was sentenced to 44 months in prison, five years supervised release and also ordered to pay restitution in the amount of $193,589.58.

According to the FBI, Waikiki worked as a teller at the credit union and stole $163,744 from 34 credit union member accounts by making 224 unauthorized transactions.

Latisha Cochran, a former employee of Middle Tennessee Federal Credit Union, a $29-million institution based in Cookeville, Tenn., pled guilty to the charge of credit union embezzlement. She was sentenced to 27 months in prison, four years supervised release and ordered to pay restitution in the amount of $370,144.23.

According to the FBI, Cochran, 36, admitted issuing fraudulent loans in the names of fictitious individuals, while employed by the Middle Tennessee. She also admitted that she used the funds from the fraudulent loans for her own personal use, and also used fraudulent credit cards associated with the loans to make personal purchases.

Sandra Sicking, a former employee of CinFed Federal Credit Union, a $355-million institution based in Cincinnati, Ohio, pled guilty to eight charges of theft. Sicking was sentenced to one year in prison, received five years of probation and was ordered to pay restitution in the amount of $147,115.66.

According to local media reports, Sicking, 62, worked as a credit counselor at CinFed and was accused of stealing over $300,000 from her clients, most of whom were elderly.

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