Federal Reserve Board issues enforcement actions with former employee of East Cambridge Savings Bank and former employee of United Bank

The Federal Reserve Board on Tuesday announced the execution of the enforcement actions listed below:Consent prohibition order against Jacob Hilton Former employee of United Bank, Fairfax, Virginia Embezzlement of bank fundsConsent prohibition order against Klaus Koberstein Former employee of East Cambridge Savings Bank, Cambridge, Massachusetts Misappropriation of customer fundsAdditional enforcement actions can be searched for here.For media inquiries, please email media@frb.gov or call 202-452-2955.(美联储)