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Washington

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BlueWaveNeverEnd

(10,678 posts)
Sat Feb 24, 2024, 01:39 AM Feb 2024

Wells Fargo manager stole $1.2M from vulnerable customers, feds say. He's prison-bound [View all]

A former Wells Fargo bank manager is going to prison after federal prosecutors say he used his position to steal more than $1.2 million from his customers in Washington.

“Eight vulnerable senior citizens had their retirement accounts decimated at the time when they needed them most,” Assistant U.S. Attorney Zachary Dillon wrote in sentencing documents filed in Tacoma federal court.

The customers were all older than 70 — including three diagnosed with dementia and/or Alzheimer’s disease, two who had a limited understanding of English and one who was unable to read or write, according to a sentencing memorandum.


Brian Davie, 44, of Battle Ground, stole $1,279,840 from these individuals by making unauthorized cash withdrawals from their accounts, using money transfers and cashier’s checks, prosecutors said.

One woman had $566,000 stolen from her accounts, according to prosecutors.


Read more at: https://www.thenewstribune.com/news/state/washington/article285734211.html#storylink=cpy

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