An employee at a billion-dollar bank has reportedly been arrested and accused of stealing money from the account of a deceased customer.

Latia Wynn of Wilmington, Delaware, was arrested by police for allegedly withdrawing $44,000 from a deceased customer’s account at WSFS Bank, NBC affiliate Philadelphia10 reports.

When one of its customers passed away in a motor vehicle accident, their family reportedly began closing all of their accounts – but noticed a lot of money was missing.

After officers were dispatched to the family of the victim, investigators were led to Wynn, who was later identified as a suspect and is now charged with one felony count of identity theft, one felony count of wearing a disguise during the commission of a felony, and one felony count of theft of $1,500 or greater.

The 25 year-old has been formally charged and released on an $18,000 unsecured bail.

As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets and $80.5 billion in assets under management and administration.

In a similar case, the US Attorney’s Office for the District of New Jersey recently said bank employee Jorge Nova has pleaded guilty to a count of wire fraud and faces a 30 year prison sentence for draining $105,000 from a deceased customer’s account.

Nova was working at an unnamed commercial bank in Nutley, New Jersey when he came across a deceased customer’s account that had continued to collect Social Security benefits by direct deposit.

The retiree, who was receiving $2,372 per month in benefits, passed away on August 29th, 2014 – but the Social Security Administration (SSA) was not notified of the person’s death.

Consequently, the beneficiary’s account continued to receive funds from the SSA for more than four years.

 

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The post Employee at Billion-Dollar Bank Arrested, Accused of Stealing $44,000 From Account of Deceased Customer appeared first on The Daily Hodl.

An employee at a billion-dollar bank has reportedly been arrested and accused of stealing money from the account of a deceased customer.

Latia Wynn of Wilmington, Delaware, was arrested by police for allegedly withdrawing $44,000 from a deceased customer’s account at WSFS Bank, NBC affiliate Philadelphia10 reports.

When one of its customers passed away in a motor vehicle accident, their family reportedly began closing all of their accounts – but noticed a lot of money was missing.

After officers were dispatched to the family of the victim, investigators were led to Wynn, who was later identified as a suspect and is now charged with one felony count of identity theft, one felony count of wearing a disguise during the commission of a felony, and one felony count of theft of $1,500 or greater.

The 25 year-old has been formally charged and released on an $18,000 unsecured bail.

As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets and $80.5 billion in assets under management and administration.

In a similar case, the US Attorney’s Office for the District of New Jersey recently said bank employee Jorge Nova has pleaded guilty to a count of wire fraud and faces a 30 year prison sentence for draining $105,000 from a deceased customer’s account.

Nova was working at an unnamed commercial bank in Nutley, New Jersey when he came across a deceased customer’s account that had continued to collect Social Security benefits by direct deposit.

The retiree, who was receiving $2,372 per month in benefits, passed away on August 29th, 2014 – but the Social Security Administration (SSA) was not notified of the person’s death.

Consequently, the beneficiary’s account continued to receive funds from the SSA for more than four years.

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Employee at Billion-Dollar Bank Arrested, Accused of Stealing $44,000 From Account of Deceased Customer appeared first on The Daily Hodl.