Chase employee accused of siphoning $110,000 from client’s account

By Calvin Palmer

A financial planner with a Chase bank siphoned off $110,000 from a wealthy Manhattan client’s account to pay off her personal bills.

Robin Katz, 25, was arrested last week and pleaded not guilty to charges of grand larceny and identity theft at her arraignment. She is being held on $50,000 bail.

Katz worked at the bank’s Midtown headquarters and created a second ATM card for the customer’s account. She then stole thousands of dollars from June 2008 through June 2009 when the client discovered his money was missing.

Chase notified the New York Police Department Financial Crimes Task Force and Katz was arrested on July 17 in New York.

The ATM card and several withdrawal receipts from the account were found in her wallet.

She told arresting officers that she needed the money to pay the rent her Manhattan apartment and skyrocketing personal bills.
A Chase spokesman refused to comment on whether Katz was still employed or how long she had worked at the bank.

According to her Facebook page, she is a graduate of Smith College in Northampton, Massachusetts.

[Based on a report by newsday.com.]

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1 Comment

Filed under Crime, News

One response to “Chase employee accused of siphoning $110,000 from client’s account

  1. zelda

    Smith college eh?

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