A US regulator is accusing three financial institution staff of triggering almost $1 million in losses at JPMorgan Chase and Citi.
The Workplace of the Comptroller of the Forex (OCC) says Tanya Jazmin Cortez offered confidential buyer data to a 3rd get together for money whereas working as a Citi financial institution teller in California.
Cortez is accused of pocketing $4,560, and the OCC says the illicit sale led to $348,487 in losses as a result of verify fraud between November of 2020 and Could of 2022.
In the meantime, the OCC says an affiliate banker at a JPMorgan Chase department in New York Metropolis conspired with an unnamed coworker to steal money.
The company accuses Leronne Kornegay of falsifying the receipt of counterfeit payments within the financial institution’s basic ledger to cowl the theft, triggering a lack of at the very least $201,785 for the financial institution.
The alleged theft occurred from January of 2020 to June of 2021.
Lastly, the OCC says Lexus Inez Lewis – a Citi worker who deserted her job within the collections division – pretended she was her sister and was re-hired to work within the financial institution’s fraud division.
At that time, Lewis is accused of permitting transactions to happen on compromised bank cards by suspending the systemic fraud lock on the playing cards.
“Respondent’s actions resulted in 672 unauthorized, fraudulent transactions incurring on prospects’ bank card accounts, totaling $389,127.74 in fraudulent transactions and loss to the Financial institution.”
Lewis allegedly labored below a false id from September of 2022 till March of 2023.
Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox
Test Value Motion
Comply with us on X, Fb and Telegram
Surf The Every day Hodl Combine
 
Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any losses you could incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in affiliate marketing online.
Generated Picture: Midjourney