JPMorgan Chase Insider Allegedly Drains $38,000 From Customers’ Accounts in Nine Days

A former JPMorgan Chase employee is staring at a lifetime ban from the banking industry over allegations of stealing thousands of dollars from the trillion-dollar lender’s customers.

The Office of the Comptroller of the Currency says Dyemond Williams withdrew money from customer accounts without their consent, triggering losses amounting to nearly $40,000 for JPMorgan Chase.

The OCC says Williams’ actions were acts of “personal dishonesty.”

Without admitting or denying the allegations leveled against her, Williams has consented to a prohibition order that bans her from participating in “any manner in the conduct” of the affairs of US financial institutions that fall under the Federal Deposit Insurance Corporation (FDIC).

“From approximately April 16, 2022 to April 25, 2022, Respondent made unauthorized withdrawals and/or assisted others in making unauthorized withdrawals from customer accounts. The Bank suffered a loss of at least $38,500.”

The order does not prevent other US government institutions or agencies from taking further disciplinary action against Williams.

“Nothing in this Order shall preclude any proceedings brought by the OCC to enforce the terms of this Order, and nothing in this Order constitutes, nor shall Respondent contend that it constitutes, a waiver of any right, power, or authority of any other representatives of the United States or agencies thereof, including the Department of Justice, to bring other actions deemed appropriate.”

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