The Federal Reserve Board has announced an enforcement action involving a former employee of First Horizon Bank in Memphis, Tennessee. The action is a consent prohibition order against Khalila Cooper, who was found to have embezzled bank funds.
According to the Federal Reserve Board, “Consent prohibition order against Khalila Cooper Former employee of First Horizon Bank, Memphis, Tennessee Embezzlement of bank funds.”
This enforcement action reflects the ongoing efforts by the Federal Reserve Board to address misconduct within financial institutions and uphold standards in the banking sector. Further details on this and other enforcement actions can be found through the Federal Reserve’s official search tool for enforcement actions at https://www.federalreserve.gov/apps/enforcementactions/default.aspx.
