The Federal Reserve Board has announced an enforcement action involving a former employee of Dacotah Bank in Aberdeen, South Dakota. The Board issued a consent prohibition order against Nicholas Leroy Klug, who previously worked at the bank, due to embezzlement of bank funds.
The announcement was made public on Thursday. According to the Federal Reserve Board, individuals can search for additional enforcement actions through its official channels.
"Nicholas Leroy Klug
Former employee of Dacotah Bank, Aberdeen, South Dakota
Embezzlement of bank funds"
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