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Bank Insider Drains $12,500 From Deceased Customer’s Account in Series of Unauthorized Transactions: Federal Reserve
By Mehron Rokhy at 2026-03-14 17:54
Sentiment: Negative
The Federal Reserve says a US bank employee took advantage of a customer’s death and stole more than $10,000. According to a new memo issued by the Fed’s Board of Governors, Klaus Koberstein – a senior sales associate at the East Cambridge Savings Bank in Cambridge, Massachusetts – drained $12,500 from a deceased customer’s bank […] The post Bank Insider Drains $12,500 From Deceased Customer’s Account in Series of Unauthorized Transactions: Federal Reserve appeared first on The Daily Hodl. Continue reading...
Categories: Scams, Hacks & Breaches
Tags: #Scams # Hacks & Breaches #Account #bank #fed #Federal Reserve #fraud #News #transaction
Source The Daily Hodl