File Photo
Persaud pleaded guilty in March 2017 and was sentenced on Friday to four years in federal prison.
By Forum Staff
A former personal banker at JP Morgan Chase Bank has been sentenced to four years in prison for obtaining and selling for profit personal identifying information of bank customers, federal prosecutors said on Friday.
Ozone Park resident Peter Persaud, 28, pleaded guilty to aggravated identity theft in connection with access device fraud in March 2017.
According to charging papers, from 2011 to 2015, Persaud sold personal identifying information and account information that belonged to bank customers to others, or used it himself, in order to make unauthorized withdrawals from the accounts. Persaud’s scheme was exposed when he sold this information to a confidential informant in 2014 and to an undercover law enforcement officer in 2015. Persaud told the undercover officer that he had to “take it easy” because Chase might notice he had accessed all of the bank accounts that “got hit.” Persaud offered to sell the undercover officer identifying information for a client’s bank account that contained more than $180,000.
Brooklyn U.S. Attorney Richard Donoghue said Persaud undermined “the integrity of the financial system.”
“Persaud abused his position by victimizing unsuspecting customers, and will now pay the penalty for his fraudulent conduct,” Donoghue added.
