A Wells Fargo worker abused his inside place to steal tons of of 1000’s of {dollars} from the financial institution, in keeping with the U.S. Division of Justice.
The US Lawyer’s Workplace for the Northern District of California says Tamim Haidar drained greater than $800,000 from the financial institution whereas working as an assistant department supervisor on the trillion-dollar lender’s department in Union Metropolis, California.
Haidar labored on the Union Metropolis department as an assistant department supervisor from round November twenty second of 2013 to October fifth of 2022.
He dedicated the offense between March fifteenth of 2022 and October fifth of 2022.
“Haidar admitted that he would steal cash that was purported to be deposited into ATM machines, and that he made false database entries to cover his theft. Haidar admitted that he transferred the cash he stole to his private financial institution accounts, and used the stolen funds to make up losses he incurred partaking in overseas foreign money buying and selling.”
Haidar, who pleaded responsible to 1 rely of embezzlement by a financial institution worker and two counts of “partaking in financial transactions in property derived from specified illegal exercise,” will now serve one and a half years in jail.
He may even be on supervised launch for 3 years. Haidar may even should pay over $0.8 million in restitution.
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