Former Chase Bank Official Convicted of Taking Bribes
January 13, 2011
Total Loss:
Unknown
A former official with Chase Bank has been found guilty of disclosing the existence of a suspicious activity report (SAR) filed with federal officials, and then soliciting thousands of dollars in bribes to help the borrower deal with a possible criminal investigation related to the illegally disclosed SAR. Frank E. Mendoza, 45, of Victorville, was convicted yesterday afternoon of three counts of bank bribery and one count of unlawfully disclosing a SAR. The federal jury deliberated about 30 minutes before issuing its verdict, which included a not guilty finding on a charge of attempted economic extortion.
Source:
FBI
Posted in:
Internal Fraud