BSA-AML Examiner School eBook

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Example 3: Ben Tallwood stole $3000 from his teller drawer. He told his supervisor that a gentleman came to his home the first week of April and mentioned his brother Laney Tallwood (who has been in a lot of trouble and is currently in jail) owed his employer a lot of money. The gentleman knew Tallwood’s name, his girlfriend’s name, parents’ names and even his dog’s name. He even had everyone's addresses. He knew that Tallwood worked at a bank and a lot of other personal information on all of them. The gentleman gave him 2 weeks to try and get the money. Tallwood was scared and didn't know where to turn to so he attempted to get loans to cover the debt but due to time limitations and complications on getting approved for the loan he panicked. Over the course of a week or so he took $4000 from his teller drawer. He paid the gentleman and hasn't seen or heard anything else. Tallwood had paid back $110.00 and was going to receive money next week to pay the rest. The supervisor had done a surprise audit on all the teller drawers and his came up $3890.00 short. He would force balance his drawer each day showing he had more strapped money than he had. The bank did contact the Police Department to press charges against Mr. Tallwood. Documentation available upon request.

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Example 4: Unknown suspect applied for membership with the Credit Union through website using DocuSign. Unknown suspect provided driver’s license using the name Bryn Todd address 123 Brightwood Drive. After becoming a member of the credit union, the unknown suspect applied for an unsecured loan in the amount of 9,000. The suspect was able to answer out of pocket security questions that only the true Bryn Todd should have been able to answer. He provided credit union with a paystub from ABC Factory. On October 1, 2019, the credit union received a call from the real Bryn Todd that he had received an alert on his credit report that we had pulled credit on him, and he was not aware of it or was not affiliated with the credit union and had not applied for membership or a loan. He also went on to inform the credit union that someone had tried to secure a loan the week before at another credit union using his information. At this point, I called the number listed on the paystub to verify employment to find out that they do not have anyone working for them named Bryn Todd. The loan officer working on the loan said she had contacted the unknown suspect because there was a freeze on his credit report. HE called her back and was able to have the freeze removed and tried to proceed with the loan. I ended up having a conversation that I requested he come into the branch for additional verification before we could proceed. HE stopped calling after that. I talked to the real Bryn Todd, and he sent me a copy of his DL just to see the different person on the DL with the different address. Unknown was using his SS# and Date of Birth. Filed a police report for identity theft.