The Workplace of the Comptroller of the Foreign money (OCC) is taking motion towards a former financial institution worker who allegedly offered verify photographs that resulted in a six-figure loss for the lender.
The OCC says it’s issuing an order of prohibition towards Cricel Santamaria, a former consumer service consultant at Webster Financial institution in Stamford, Connecticut.
Says the OCC,
“From roughly April 2019 till Could 23, 2022, the respondent was employed on the financial institution. Between roughly October 2021 and April 2022, the respondent obtained roughly 62 verify photographs from the financial institution’s inner methods and made them accessible on the market over the web.
13 financial institution prospects reported fraud on their accounts shortly after their checks had been made accessible on the market on the web. The full fraud reported was $237,374 and the whole Financial institution loss was roughly $108,000.”
In accordance with the OCC, Santamaria “engaged in unsafe or unsound practices, brought about greater than a minimal loss to the financial institution, demonstrated private dishonesty and willful or persevering with disregard for the security and soundness of the financial institution.”
The OCC order prohibits the ex-banker from working within the banking and monetary providers trade.
Santamaria consents to the OCC order with out admitting or denying any wrongdoing. Underneath the order, the Division of Justice (DOJ) retains its proper to “carry different actions deemed acceptable” towards Santamaria.
The Webster Financial institution, a industrial financial institution primarily based in Stamford, Connecticut, has greater than $70 billion in property beneath administration.
Observe us on X, Fb and Telegram
Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox
Examine Worth Motion
Surf The Every day Hodl Combine
 
Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any losses you could incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in internet affiliate marketing.
Generated Picture: Midjourney
