Bankers from Citi and JPMorgan accused of fraud and selling confidential data have been barred by the Office of the Comptroller of the Currency (OCC).
In a series of unfortunate events, four former bank employees have been barred from working in the industry following their involvement in various schemes that led to substantial financial losses for their respective banks.
Leronne D. Kornegay, a former employee at a JPMorgan Chase branch in New York City, engaged in a scheme from January 2020 to June 2021, resulting in a loss of at least $201,785 for the bank. The Office of the Comptroller of the Currency (OCC) order states that Kornegay falsely reported the receipt of counterfeit bills in the lender's general ledger to hide his misconduct. Despite not admitting to any wrongdoings, Kornegay agreed to follow the consent order issued by the OCC.
In a separate incident, Tanya Jazmin Cortez, a teller and concierge at Citi branches in Los Angeles County, California, provided confidential customer information in exchange for cash between November 2020 and May 2022. The information provided by Cortez led to check fraud, resulting in a loss of roughly $348,487 to the bank and at least $4,560 in financial gain for Cortez.
Lexus Inez Lewis, a former fraud operations specialist at a Citi branch in Jacksonville, Florida, was initially employed at the bank's collections department under her name and was later hired as a fraud specialist under her sister's name, violating the law by making false statements in her employment application. Lewis was terminated for job abandonment in April 2021 and later rehired under her sister's name. From December 2022 to March 2023, Lewis, working under her sister's name, performed "super-suspend" actions on 61 customer credit card accounts, resulting in 672 fraudulent transactions and a total loss of roughly $389,127 for Citi.
Alexis LeaAnne Adcock, while serving at a Clarksville, Tennessee branch of U.S. Bank, misappropriated approximately $10,060 from an ATM under her control in March. The specific regulation or policy that the bankers violated was not specified in the provided paragraph.
The OCC has banned all four former bankers from future work in the industry. It is not explicitly stated in the search results whether any of the employees obtained their first employment at the bank under a false name. Prior criminal convictions required Lewis to receive written consent from the Federal Deposit Insurance Corp. (FDIC), but she did not.
These incidents serve as a reminder of the importance of accountability and adherence to banking regulations to maintain trust and stability within the financial industry.
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