A former Financial institution of America insider is accused of stealing tens of hundreds of {dollars} from two aged clients whereas working at a department in Nashville, Tennessee.
Karl Stephen Richardson was arrested earlier this week and charged with bank card fraud, monetary exploitation of an aged grownup and identification theft, studies WKRN Information.
Financial institution of America had reportedly filed a criticism with the Metro Nashville Police Division in February.
Police say Richardson stole roughly $70,932 from an 86-year-old lady, with whom he had develop into private buddies. Between April eleventh of 2022 and April thirteenth this 12 months, Richardson performed greater than 100 unauthorized transactions from the 86-year-old’s account, together with Zelle transfers, ATM and counter withdrawals.
Richardson additionally made unauthorized withdrawals from the 86-year-old’s account after he left the financial institution in November of 2025.
He’s additionally accused of stealing roughly $68,400 from a 75-year-old lady. Between July twenty fifth and November twenty first of 2025, police say Richardson processed 19 over-the-counter withdrawals amounting to greater than $60,000 from the 75-year-old’s account and solely gave the girl a few of it. He additionally made ATM withdrawals from her account for quantities of about $8,000 with out her authorization between September twelfth and October eighth of 2025.
Richardson has been charged with two counts of monetary exploitation of an aged grownup, two counts of pc fraud, two counts of identification theft, two counts of felony theft and two counts of bank card fraud.
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