A former Ohio banker has consented to her prohibition from serving in a financial institution in the future after allegedly obtaining confidential customer information, including debit card information, the Federal Reserve said Wednesday.
The Fed said Tahjanae Richardson, a former consumer banker at First Financial Bank of Cincinnati, was prohibited for allegedly misusing her position at the bank to obtain the customer information.
The agency alleged that Richardson, from August 2023 until February 2024, used the debit card information belonging to bank customers to make purchases totaling nearly $22,000 for personal benefit. That caused the bank a loss, the Fed said, when it paid customers’ claims for the disputed purchases.
“Richardson’s conduct constituted violations of law or regulation, unsafe or unsound banking practice, and breaches of fiduciary duty, and involved her personal dishonesty and her willful disregard for the safety and soundness of the Bank,” the agency asserted.
Federal Reserve Board issues enforcement action with former employee of First Financial Bank