A former bank manager admitted to stealing money from customers’ accounts in a scheme that continued after the victims’ deaths.
U.S. Attorney’s Office for the District of New Jersey To tell James Gomez, 43, pleaded guilty to one count of wire fraud affecting a financial institution.
The Justice Department said Gomez, who worked as a branch manager for an international bank that has not been named, hatched a scheme to embezzle hundreds of thousands of dollars from victims.
Between January and April 2020, Gomez accessed customer accounts without authorization on a dozen occasions. He created email addresses in the victims’ names and used them to register customer accounts with the lenders’ online banking services. Gomez also linked his personal mobile phone numbers to the customers’ online banking accounts.
Gomez gained complete control over the victims’ online banking profiles and transferred a total of $208,939 from their accounts to personal accounts at other banks and personal investment accounts.
To cover up his crimes, Gomez used fake email accounts to send messages to official work accounts to make it appear as if the victims were instructing the bank to wire money. The former branch manager continued the scheme even after the victims died on April 6, 2020.
Gomez now faces up to 30 years in prison and a $1 million fine. His former employer has covered the losses to compensate the victims’ estates.
Don’t miss out on the latest news – subscribe to receive email alerts directly to your inbox
Check price trends
follow me X, Facebook and telegram
Browse the daily Hodl mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies and digital assets. Transfers and transactions are at your own risk and you are responsible for any losses incurred. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and is not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: On the road
