Bank Employee Charged in $477K Customer Fraud Scheme

Bank Employee Charged in $477K Customer Fraud Scheme
This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.

A former bank employee is facing serious charges after allegedly stealing $477,000 from 12 customers. The Justice Department claims Damani Brown used his credentials to drain accounts with the help of a co-conspirator. If convicted, he could face up to 30 years in prison.

  • Damani Brown allegedly stole $477,000 from 12 bank customers using insider access and a co-conspirator.
  • The FBI recovered verification emails and account updates linking Brown to the fraudulent transactions.
  • Brown faces up to 30 years in prison and a $1 million fine if convicted on multiple fraud charges.
Notifications 0