Bank Employee Bans: Stealing Customer Data Has Consequences

Two former bank employees are now permanently banned from the banking industry after stealing funds and misusing customer data. Rahimlen Dean stole over $30,000 from an M and T Bank customer, while Jerman McGlown leaked confidential data, leading to $42,000 in fraudulent wire transfers from First Horizon. The Federal Reserve issued lifetime prohibition orders against both, highlighting the severe consequences of employee misconduct and aiming to protect the integrity of the banking system. Hosted on Acast. See acast.com/privacy for more information.