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

Woman Set to Plea in PA Minority Owned Bank Fraud

April 7, 2011
Total Loss: $1.1 Million

A Pittsburgh woman is scheduled to change her not guilty plea in a $1.1 million bank fraud that contributed to the failure of what had been the city's only minority-owned bank.

Forty-six-year-old Jammie Harris was indicted by a federal grand last year on charges of bank fraud and money laundering. She was accused of siphoning money from Dwelling House Savings and Loan by making overdraft transactions online.

Source: Bloomberg Businessweek
Posted in: Deposit Account Fraud
Tags: online fraudbank fraud