Bank Execs Pay Diverted To CU

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Three individuals, including one who worked for a company providing payroll services to Bank of America, have been charged with diverting more than $800,000 in pay from three BofA executives and depositing it in an account at Charlotte Metro CU.

The three were charged with an indentity fraud scheme by which they allegedly used forms sent to them to redirect payroll and bonus deposits intended for the bank's executives to steal three checks each for half a month's salary and a bonus and route them to the credit union account. The three suspects, Christopher Parks, 25, Teresa Browning, and Najla Arrington, 25, were all charged with federal bank fraud.

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