An worker at a $23.8 billion financial institution embezzled $44,000 value of buyer cash earlier than getting slapped with an business ban.
The Federal Reserve says former Financial institution of Hawaii worker Alohi Kaupu-Grace, 23, stole from buyer accounts and falsified the purchasers’ signatures on money withdrawal slips and cashier’s test buy slips.
Kaupu-Grace paid $5,200 in partial restitution to the financial institution and was fired in March. The Hawaii resident consented to an order from the Federal Reserve Board of Governors banning her from working for any of the Fed’s insured depository establishments.
The ban will keep in place indefinitely until the Board of Governors rescinds it, and the order doesn’t prohibit every other Federal or state company or division from taking motion in opposition to Kaupu-Grace.
In Could, Hawaii Island police arrested Kaupu-Grace for allegedly utilizing another person’s bank card.
A sufferer contacted police after receiving a textual content from his bank card firm a couple of fraudulent cost made to his account. The police say they tracked the bank card utilization again to Kaupu-Grace, who allegedly secured the sufferer’s confidential info whereas working at Financial institution of Hawaii.
She was charged with second-degree theft, second-degree identification theft, unauthorized possession of private confidential info and fraudulent use of a bank card.
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