Memento provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

bank fraud forum

Ex-bank employee caught in fraud

June 5, 2009
Total Loss: $130,000
According to Assistant U.S. Attorney Gretchen Wylegala, Janei London Walker was employed at KeyBank in 2005, when she engaged in a scheme to defraud the bank, by setting up a fake account, into which money from other customers was deposited. Over $109,000 was taken from ATM machines over several months in 2005 and 2006. Walker then went to work at HSBC, where she admitted withdrawing $21,000 from a dormant CD belonging to a recently deceased customer. In both cases, the banks, not the customers, suffered the losses.
Source: Buffalo Business First
Posted in: Internal Fraud
Tags: internaldebit cardover 100k