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

5 charged in S.F. in scheme to steal from bank

October 7, 2009
Total Loss: $50,000
Five people have been charged in a conspiracy in which a Bank of America employee allegedly transferred tens of thousands of dollars in customers' accounts to other banks, court records show. The employee, Noelle Bronson, a customer-service representative at the bank's call center in San Francisco, has been charged with bank fraud. Federal prosecutors filed charges Tuesday against Edwood Fields, saying he worked with Bronson and several other people to fraudulently obtain funds. Bronson impersonated Bank of America account holders and transferred $10,003 apiece from several accounts to accounts at other banks, prosecutors said.
Source: San Francisco Chronicle
Posted in: Internal Fraud
Tags: internalunder 100kcollusive network