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 occasion 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 on account of test 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 common ledger to cowl the theft, triggering a lack of no less than $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 clients’ bank card accounts, totaling $389,127.74 in fraudulent transactions and loss to the Financial institution.”
Lewis allegedly labored below a false identification from September of 2022 till March of 2023.
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