Federal Reserve Board issues enforcement action with former employee of Farmers & Merchants Bank

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Federal Reserve Board issues enforcement action with former employee of Farmers & Merchants Bank

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The following press release was published by the Board of Governors of the Federal Reserve System on Feb. 4, 2020. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Prohibition, restitution, and fine against Carol Allen, former employee of Farmers & Merchants Bank, Baldwyn, Mississippi, for embezzling funds.

Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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