Federal Reserve Board issues enforcement action with former employee of Ally Bank

The following press release was published by the Board of Governors of the Federal Reserve System on May 19. It is reproduced in full below.

The Federal Reserve Board on Friday announced the execution of the enforcement action listed below:

Consent prohibition order against Shebrelia Jackson-Davis

Former employee of Ally Bank, Detroit, Michigan

Coronavirus Aid, Relief, and Economic Security, or CARES, Act loan fraud

Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System