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PrintBank of New York Mellon Employee Charged with ID Theft
by Linda McGlasson
Computer Technician Alleged to Have Used ID's to Steal $1.1 Million
A computer technician has been indicted in New York Supreme Court, charged with stealing the identities of more than 150 Bank of New York Mellon employees and using them to steal more than $1.1 million from charities, non-profit groups and other entities.
Adeniyi Adeyemi, a 27-year-old man from Brooklyn, was charged with grand larceny and identity theft in a 149-count indictment. Prosecutors say Adeyemi worked in the bank's Information Technology Department and committed the crimes between November 2001 and April 30, 2009. While employed at BONY, he stole the identities of dozens of employees and used them to open more than 30 bank and brokerage accounts with several financial institutions including E*Trade, Fidelity, Citi, Wachovia, and Washington Mutual. Prosecutors say Adeyemi used these accounts as dummy accounts for the purpose of receiving stolen funds.
The Manhattan District Attorney's office says Adeyemi then stole money from the bank accounts of charities and non-profit organizations and funneled it into those dummy accounts, later withdrawing the stolen funds or transferring them to a second layer of dummy accounts. The prosecutors say that charities are easy prey for identity thieves with computer expertise because they readily disseminate their banking details on the internet to facilitate donations. Adeyemi used this to his advantage, the prosecutors allege, using the internet for most of his crimes.
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