DOJ: Account of $105,000 Embezzled in Morbid Money Scheme by Dr. s
A former employee at a commercial bank in the United States has recently confessed to embezzling $105,000 from the account of a deceased customer. The US Attorney’s Office for the District of New Jersey disclosed that Jorge Nova has pleaded guilty to a charge of wire fraud, which carries a potential prison sentence of 30 years. Nova was working at an unidentified commercial bank in Nutley, New Jersey when he discovered the account of a deceased customer that was still receiving Social Security benefits through direct deposit. The retiree, who had been receiving monthly benefits of $2,372, passed away on August 29th, 2014, but the Social Security Administration was not informed of the individual’s death. Consequently, the beneficiary’s account continued to receive funds from the SSA for over four years. After noticing the ongoing deposits, Nova used his position at the bank to access the account, acquire a debit card in the beneficiary’s name, and divert funds from the deceased victim. Nova opened new accounts with a money service provider in the beneficiary’s name to facilitate the scheme and facilitate the extraction of cash. The scheme persisted until October 2018, during which Nova illicitly obtained a total of $105,000 from the deceased beneficiary’s bank accounts. Nova now faces a maximum penalty of 30 years imprisonment and a maximum fine of $250,000. His sentencing is scheduled for October 8th.