A former teller at a New Jersey bank, charged with embezzling $42,000 from the institution, was prohibited last month from further service at a federally insured financial institution, the federal insurer of bank deposits said Friday.
According to the Federal Deposit Insurance Corp.’s (FDIC) Office of Inspector General (OIG), Tiffany Zemlachenko – a former branch teller at Investors Bank of Short Hills, N.J. – stole approximately $42,000 from the bank. The agency said the violations caused the bank a financial loss and resulted in a financial gain or other benefit to Zemlachenko.
The violations occurred between September 2020 and March 2021, the FDIC OIG said. Zemlachenko consented to the issuance of the prohibition order, the agency said.