A US bank employee has been banned from working in the financial sector after allegedly forging customer signatures to steal tens of thousands of dollars.
Julio Gonzalez, a former Synovus Bank employee, has been barred from the financial industry for embezzling $38,000 from customer accounts, according to the Board of Governors of the Federal Reserve System.
Authorities say that between December 2023 and January 2024, while working at the Georgia-based bank, Gonzalez embezzled the funds of three different customers — including forging their signatures — for his own personal gain.
“From December 21, 2023, through January 10, 2024, while employed as a universal banker, Gonzalez embezzled more than $38,000 from the accounts of three bank customers for his own benefit, including by forging signatures on certain approval documents.”
A criminal case was filed against him in the state of Florida, but Gonzalez agreed to make a deal and complete a preliminary diversion program.
The Federal Reserve says Gonzalez will no longer be allowed to participate in any financial institution because of his personal dishonesty, disregard for fiduciary responsibilities, willful violations of law and unsafe banking practices.
According to the press release, the Board of Directors will not take any further enforcement action against Gonzales in this matter.
Follow us on X, Facebook and Telegram
Don’t miss a beat – Subscribe to receive email alerts straight to your inbox
Check price action
Surf to the Daily Hodl mix
Generated image: Midjourney