Press Release
June 26, 2018
Federal Reserve Board issues enforcement actions with former employee of East Cambridge Savings Bank and former employee of SmartBank
For release at 11:30 a.m. EDT
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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.
Attachment 1 (PDF)
Attachment 2 (PDF)
Cite this document
Federal Reserve (2018, June 25). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20180626_federal_reserve_board_issues_enforcement_actions
@misc{wtfs_press_release_20180626_federal_reserve_board_issues_enforcement_actions,
author = {Federal Reserve},
title = {Press Release},
year = {2018},
month = {Jun},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20180626_federal_reserve_board_issues_enforcement_actions},
note = {Retrieved via When the Fed Speaks corpus}
}