An ex-San Jose bank manager is expected to go to jail following an elaborate scam in which he stole at least $18,000 from elderly customers by issuing them ATM cards they never asked for.Maurizio Contarino, 47, who worked as a branch manager at Bank of America in Willow Glen, pleaded no contest in April to elder fraud and grand theft, according to Santa Clara County prosecutors. He posted bail and is out of custody.
Contarino, who is scheduled for sentencing May 27, faces a maximum of four years and eight months in prison. Neither he nor his lawyer was available for immediate comment.
"I'm seeing an alarming trend of bank employees committing theft against elderly customers," said Santa Clara County Deputy District Attorney Cherie Bourlard. "You can't really trust the bank tellers like you once did. That's what is so sad about this. I'm really just trying to protect our elders."
Full Article and Source:
San Jose: Former Willow Glen Bank Manager Pleads No Contest to Fraud, Grand Theft
2 comments:
Good, He deserves to get the 4 years.
Perhaps Santa Clara County Deputy District Attorney Cherie Bourlard could look a little further and see that it's not just the bank employees doing this to the elderly. There appears to be NO protection for the elderly today in any area!
Oftentimes banks are the loudest shouters claiming family financially exploit the elderly. Yet we see more and more of these stories of employees - including managers - who are the thieves.
Post a Comment