The Federal Reserve Board on Tuesday announced the execution of the enforcement actions listed below: Consent Order of Prohibition against Vasken Papazian, a former employee of East Cambridge Savings Bank, Cambridge, Massachusetts, for embezzling money from a bank customer.
Consent Order of Prohibition against Connie Clabo, a former employee of SmartBank, Pigeon Forge, Tennessee, for misappropriating funds from the bank through false statements and accounting entries.
Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.