The Federal Reserve Board announced on July 30, 2026, that it had executed two enforcement actions involving former employees of Regions Bank and First Interstate Bank. The announcement was issued at 11:00 a.m. EDT.
Enforcement actions
The Board issued a consent prohibition order against Simon Alberto Gonzalez, identified as a former employee of Regions Bank in Birmingham, Alabama. The action concerns the misappropriation of customer funds.
The Board also issued a consent prohibition order against Ralph A. Mojica, identified as a former employee of First Interstate Bank in Billings, Montana. The action concerns the misappropriation of customer funds and embezzlement of Bank funds.
The Federal Reserve stated that additional enforcement actions can be searched for through its enforcement-actions database. The announcement listed two PDF attachments and provided media contact information for the Federal Reserve Board.