Three prohibition orders against bankers who allegedly misappropriated funds, committed fraud or committed embezzlement were made public Thursday by the national bank regulator.
The Office of the Comptroller of the Currency (OCC), in a release, said it has prohibited:
- Nick Zatikian, a former associate banker at a Tujunga, Calif., branch of JPMorgan Chase Bank, N.A., of Columbus, Ohio, for allegedly embezzling at least $34,900 from the bank and altering the bank’s internal records to conceal the embezzlement.
- Alhassan Abubakar, a former associate banker at a New York, N.Y., branch of JPMorgan Chase Bank, N.A., for allegedly misappropriating $20,000 from the bank.
- Jacqueline Molina, a former customer service representative at TD Bank, N.A., Wilmington, Del., for allegedly obtaining more than $40,000 in Paycheck Protection Program (PPP) funds fraudulently under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
OCC Announces Enforcement Actions for April 2025
Leave a Reply