GRC & Fraud Software Journal
From CBS SF Area
A former Wells Fargo bank employee and his friend, both accused of stealing money from elderly and deceased bank customers, pleaded not guilty in the months before the financial institution got in trouble for real.
David Gedarevich, 25, of San Francisco and Aleksandr Zima, 40, of Carmichael, Calif., face conspiracy, grand theft, embezzlement and money laundering involving more than $800,000, according to prosecutors.
Their arrest follows an investigation that uncovered a scheme to launder and embezzle money from the bank accounts of elderly and deceased Wells Fargo customers, prosecutors said.
The bank’s fraud investigators brought the case to the attention of San Francisco police after noticing that suspicious transactions were being performed by Gedarevich, who worked at the Wells Fargo located at 1160 Grant Ave., according to district attorney’s office spokesman Max Szabo.