Bank Teller Admits Stealing $185K From Homeless Man

[brassmonkey]

lol @ Phelon
(Newser) - Wells Fargo is in the news again, though this time it's a rogue entity, not upper management, that's catching all the heat. Ex-bank teller Phelon Davis has pleaded guilty to stealing more than $185,000 from a bank customer over a two-year period, starting in October 2014, when the customer arrived with a trash bag filled with cash to deposit. It was then that Davis noticed the customer "had a surprisingly large balance with the bank," per a signed crime statement. What made that cash cache surprising, per the Washington Post: The customer was homeless and had long kept accounts with the bank, though some had gone dormant. Not long after that interaction, Davis set up a new account in the customer's name (as well as a linked ATM card and email that Davis controlled) and started siphoning money, per a court filing.

All told, Davis was said to have moved $177,400 into his fake account and withdrawn a total of $185,440. Per a release, Davis, 29, has pleaded guilty to interstate transportation of public property, a charge the Post notes was spurred by Davis taking at least $5,000 out of the account via ATMs in DC, then bringing the cash home to Maryland. He's accused of using the money to fund exotic Caribbean and Mexican vacations, as well as to pay down debt and cough up a home down payment. Meanwhile, the larger mystery remains: how the unnamed homeless victim came to be in possession of such a large amount of cash in the first place. "That's the million-dollar question," Davis' attorney says, adding his client "greatly regrets the decisions he made." Davis faces 10 years in prison and the payback of the entire $185,440.

article...

[blackmonsters]

Originally Posted by brassmonkey

Meanwhile, the larger mystery remains: how the unnamed homeless victim came to be in possession of such a large amount of cash in the first place.

Duh, he was able to put six months of California rent in the bank because he was homeless.

[brassmonkey]

Originally Posted by blackmonsters

Duh, he was able to put six months of California rent in the bank because he was homeless.

[pimpmaster9000]

Yup...with 180k in the bank in Cali you are pretty much homeless LOL

[JFK]

" Davis faces 10 years in prison and the payback of the entire $185,440."

Meanwhile, Is Wells Fargo, making good on the mans money ?

[adultchatpay]

he took advantage of the poor guy

[mineistaken]

Points for you, Bwass, if the teller wa evil whitey and the homeless was from the "victim" race.

However you did not specify races as you usually do, so might not be so.

[Paul Markham]

Wells Fargo should make good the money that's lost. Or face a court action.