This is no laughing matter there fella, When you deal with Chase Bank who you have to worry about stealing from you is Chase itself.
Chase bankers charged in $400K theft from elderly, dead customers | New York Post
The 15
JPMorgan Chase
bank accounts had a few things in common: They had high balances, there
was little activity on them and they belonged to elderly clients —
indeed, at least eight were dead.
And all 15 of the accounts got regular cash infusions, thanks to direct deposits from the Social Security Administration.
That caught the eye of two private bankers who worked at a Bedford-Stuyvesant branch of
JPMorgan Chase,
Jonathan Francis and Dion Allison, according to an indictment filed
this month in State Supreme Court in Brooklyn. Creating cards for
automated teller machines and forged documents, the men and their
accomplices withdrew about $400,000 from the accounts over two years,
according to the indictment.
Sign Up For NYT Now's Morning Briefing Newsletter
The New York attorney general, Eric T. Schneiderman,
warned in June
that bank tellers and other employees have easy access to customer
data, and had committed fraud using the data on multiple occasions.
In
this case, prosecutors for the Brooklyn district attorney’s office
charged in an indictment, the bankers could not only gain access to but
also issue A.T.M. cards for the 15 accounts, without the account
holder’s consent.
Mr.
Allison, 30, and Mr. Francis, 27, created bank cards for several of the
dormant accounts. (While prosecutors believe most, if not all, of the
account holders have died, benefit checks continued to be deposited
because of faulty reporting to the Social Security Administration.)
With
two friends, Gregory Desrameaux, 24, and Kery Phillips, 40, the men
then withdrew most of the stolen money, about $300,000, by using A.T.M.s
around New York City, according to the indictment. Some withdrawals
were as small as $200; some were up to $2,000, the daily limit for
A.T.M. withdrawals for some Chase accounts.
In
April 2013 alone, members of the group made withdrawals on 26 of 30
days, according to the indictment. One night at a Chase branch on
Nostrand Avenue and Church Avenue, they withdrew $1,000 from one
account; 49 seconds later, group members took out $1,000 from a
different account.
By May of
that year, people in the group had created fake power of attorney
documents. That gave Mr. Phillips control of four of the dormant
accounts, Adam Zion, an assistant district attorney, said in court on
Monday. This allowed Mr. Phillips to withdraw money way above the daily
A.T.M. limit, up to $9,500 at a time, through a teller.
Article continues beneath video.
In
another example of the scheme, in February 2013, according to the
indictment, Mr. Allison created a bank card for one account. That May,
at a Chase branch on Flatbush Avenue, Mr. Phillips turned in fake power
of attorney documents giving him control of the account. The same day,
prosecutors said, Mr. Phillips withdrew through a teller $49,929.91 —
everything that remained — from the account.
JPMorgan
Chase has already faced accusations of fraud among staff members this
year. In April, an investment adviser, Michael Oppenheim, was charged in Federal District Court in Manhattan with stealing $20 million from seven of the bank’s clients.
Also in April, another employee, Peter Persaud, who worked at a Chase branch in Brooklyn, was accused of selling customer data — including account numbers, Social Security numbers, addresses and dates of birth — to an informant and an undercover officer. Mr. Persaud was charged with fraud and identity theft in Federal District Court in Brooklyn.
Lauren
Ryan, a spokeswoman for JPMorgan Chase, said the company has been
“working closely with the authorities and the Social Security
Administration” in the current fraud case.
The four men listed in the current indictment have been charged with conspiracy, grand larceny and falsifying business records.
On
Monday, Mr. Allison was arraigned before Justice Cassandra M. Mullen in
State Supreme Court in Brooklyn. Mr. Zion, the prosecutor, said that
Mr. Allison searched for and maintained the targeted accounts, and
issued and used some of the cards.
He
had told Chase investigators that he had looked for high-value
accounts, issued and used the A.T.M. cards, sold some of the cards and
account data, and worked with Mr. Francis on the scheme, Mr. Zion said.
Also, he had logged onto the Chase system with his co-workers’
credentials when they were away from their desks, according to Mr. Zion.
Prosecutors
requested $100,000 bail; Justice Mullen released him on $25,000 bond.
Mr. Francis and Mr. Desrameaux were arraigned earlier this month.
Mr.
Allison’s lawyer did not immediately respond to a request for comment.
Douglas Rankin, the lawyer for Mr. Francis, said that his client denied
the allegations, and that he no longer worked at Chase and “left on his
own before this became an issue.” David Walensky, the lawyer for Mr.
Desrameaux, said his client denied involvement in the scheme.
Mr. Phillips is still at large, according to a news release from the district attorney’s office.
Follow The New York Times’s Metro coverage on Facebook and Twitter, and sign up for the New York Today newsletter.
>
