Latest News and Articles about Insider Fraud

JPMorgan Chase Insider Indicted for $857K Fraud Using Forged Treasury Checks

27 February 2025 Daily Feed Franchesca Calagui, Insider Fraud, JPMorgan Chase, U.S. Treasury Checks

JPMorgan Chase Insider Allegedly Steals $857,000 Through Forged Treasury Checks Can a bank employee really steal nearly a million dollars from one of the world’s largest banks? Franchesca Calagui allegedly did just that at JPMorgan Chase. The Department of Justice has indicted Calagui, a former part-time associate banker, for stealing nearly $857,000 by cashing hundreds […]

Ex-Bank Employee’s $2.3M Fraud: A Wake-Up Call for Crypto Security

7 February 2025 Daily Feed Cryptocurrency Security, Fedrick Jeffries, Fifth Third Bank, Insider Fraud

Ex-Bank Employee Charged in $2.3 Million Insider Fraud: Lessons for Crypto Security In a stunning betrayal of trust, Fedrick Jeffries, a former employee of Fifth Third Bank in Atlanta, Georgia, has been charged with orchestrating a fraud scheme that siphoned $2.3 million from unsuspecting customers. This case not only exposes the glaring vulnerabilities within banking […]