Source: site
The Office of the Comptroller of the Currency has banned two former TD Bank employees, two former Wells Fargo employees and one former PNC employee from the banking sector indefinitely, the agency announced Thursday.
Armando De Leon, who managed a TD branch in Hialeah, Florida, from 2007 to 2021, allegedly submitted fraudulent COVID-era Paycheck Protection Program loan applications for two limited liability companies he formed and owned. By falsely claiming he had four employees and producing illegitimate Internal Revenue Service forms, De Leon enriched himself with over $80,000, the OCC alleged.
Charron Meadows, who managed a team at TD’s Mount Laurel, New Jersey, call center from 2017 to 2024, allegedly misappropriated at least $150,000 from the bank in his final three months working there, the OCC said. Meadows allegedly did this by “repeatedly causing [TD] to credit his personal account at the bank and withdrawing the funds,” according to the regulator…