The Office of the Comptroller of the Currency banned seven former bankers from future work in the industry between April and July after it said they mishandled funds, the agency disclosed Thursday.
Cindy Flores, a Fargo, North Dakota-based former branch associate manager for Wells Fargo, diverted at least $47,646.52 from customer deposit accounts between September 2022 and October 2023 and attempted to conceal it, the OCC said.
Kathryn Makler, a Farmington, Missouri-based former business banking specialist for U.S. Bank, applied for two Payment Protection Program loans from the Small Business Administration in January and March 2021 – and obtained one worth $29,375 – but made false representations related to payroll, business expenses and the purpose of the loan, the OCC said. Makler pleaded guilty to bank fraud in April 2022, according to the order.
Aaliyah Shaheed, a Charlotte, North Carolina-based former digital bank representative for Varo, improperly accessed customer accounts and modified customer profile information without authorization in May and June 2022, allowing fraudulent transfers that cost the bank $21,732, the OCC said. The bank terminated Shaheed for job abandonment, according to the order.
Valeria Martinez Vazquez, a Salt Lake City-based former branch relationship banker for Zions Bank, misappropriated roughly $11,117 from a customer’s account, without the customer’s knowledge, through 14 unauthorized transactions in September and October 2023, the OCC said.
Cordia Shedde McDonald, a New Rochelle, New York-based former associate banker for JPMorgan Chase, took $10,000 in cash from her teller drawer in March and April 2022 and falsified electronic journal entries to hide the transaction(s), the OCC said.
Andre Jackson, a Kenmore, New York-based former relationship banker for Bank of America, misappropriated at least $8,000 from the bank in October 2022, the OCC said.
Randall David Ditzer, a Prairie Village, Kansas-based former banking center team lead for BOKF, used his position at the bank to access and withdraw an undisclosed sum from an elderly customer’s accounts without the customer’s knowledge or consent between October 2020 to May 2021, the OCC said.
The banned bankers neither admitted nor denied the conduct, the OCC said.
