A US regulator has barred a Texas banker from working within the trade after she embezzled greater than $100,000 from her employer.
The Federal Deposit Insurance coverage Company (FDIC) says Cynthia M. Renfro pleaded responsible to misappropriating about $141,674 whereas working as a private banker at First State Financial institution of Brownsboro.
The regulator says that Renfro misappropriated the funds between roughly September 14, 2021, and August 18, 2022, and used the cash for her private profit.
Renfro pleaded responsible to the fees on November 10, 2025.
The regulator has banned Renfro from working at or collaborating within the actions of any FDIC-insured financial institution, holding firm or affiliated entity.
Whereas Renfro has consented to the stipulations of the FDIC’s Prohibition Order, the regulator notes that it doesn’t bar different authorities companies from pursuing authorized motion towards her if deemed acceptable.
Comply with us on X, Fb and Telegram
Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox
Surf The Each day Hodl Combine
 
Disclaimer: Opinions expressed at The Each day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any losses you could incur are your accountability. The Each day Hodl doesn’t suggest the shopping for or promoting of any belongings together with cryptocurrencies, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in online marketing.
Generated Picture: Midjourney