A former bank employee is now barred from working in the industry after allegedly stealing thousands of dollars from customer accounts.
In an Order of Prohibition, the Office of the Comptroller of the Currency (OCC) says Tabitha McCallister worked as a client service representative at the Old National Bank, Evansville, Indiana, branch between March 27th, 2023 and January 4th, 2024.
The regulator accuses McCallister of pocketing $19,350 in unauthorized cash withdrawals from customer accounts between June 13th and December 26th, 2023. And from June 16th, 2023, to January 3rd, 2024, McCallister allegedly deposited $11,151 in cash into her own personal account.
To hide the theft, the OCC alleges that McCallister changed the affected customers’ addresses in Old National Bank’s system to her mother’s residence.
“By reason of the foregoing conduct, Respondent engaged in violations of law, which resulted in financial gain to Respondent and loss or risk of loss to the Bank. Respondent’s misconduct demonstrated personal dishonesty.”
The regulator says McCallister is now banned from working at or participating in the activities of any FDIC-insured institution. The OCC also says the Order does not stop other government agencies from pursuing legal or further enforcement actions against McCallister if deemed appropriate.
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This post $19,350 Allegedly Drained From Customer Accounts by Bank Insider – Now Bank Employee Is in Crosshairs of US Financial Regulator appeared first on The ICD.
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