The Federal Reserve Board announced it has executed an enforcement action in the form of a consent prohibition order against Nicholas Leroy Klug, a former employee of Dacotah Bank in Aberdeen, South Dakota. The action relates to the embezzlement of bank funds.
Federal Reserve Board issues consent prohibition order against former Dacotah Bank employee for embezzlement
The Federal Reserve Board has issued a consent prohibition order against Nicholas Leroy Klug, a former Dacotah Bank employee, for embezzling bank funds.