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A 25-year-old Chase Bank investment adviser is behind bars at Rikers Island after being charged with siphoning $110,000 from a millionaire's private account. Saucy Robin Katz worked at Chase's midtown headquarters until May, at which point she told employers she had to return to California for a family emergency. In April, one of Chase's clients realized that his seven-figure account balance had a six-figure shortfall, and auditors determined that an extra ATM card in the millionaire's name had been created in June 2008 and was used dozens of times to withdraw cash out of the account. Bank investigators traced the scam to Katz and asked her to return from California because she had some explainin' to do; she was arrested after arriving back in NYC last week. A police source tells the Post, "She just spent it... shopping and going out." The tabloid also pulls some choice quotes from Katz's MySpace profile, where she describes herself as a "rocket scientist by day, party fool by night," and lists her interests thus: "Politics: F-- Bush. Sex: F-- Me."
Chase Bank Adviser Accused of Looting Millionaire's Account
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It's the same media that NEVER mentioned Muslims' hatred of Israel as a possible motive for 9/11.
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mmm yummy
Remind me to delete my facebook profile before I commit a crime.
i just saw her facebook pic and I can tell you that the post did some croppin' because... those are some BOOBIE
Notorious H.O.E.
i'd hit it
I'd say somebody is definitely F--ed.
an 'investment adviser' stealing money?! i'm shocked!
Maybe she spent her summer internships with Uncle Bernie.
Chase should identify the recruiter who hired this person and put them in jail.
In their defense, unless you hire a private investigator, it's difficult to weed out those who would do such things upon bringing them on board, But Chase should've had better controls in place to prevent such fraud.
True, but this will make it more difficult for honest workers. Companies like Chase now make a person get drug tested and do all sorts of background checks in an attempt to screen out people like her. What will be next? Every employee has to put down a deposit like they do to rent an apartment?
I like her spunk.
and for 100K, she'll like yours.
I love the Post's photo comment for the above pic:
"PARTY MIXER: Robin Katz likes to shop and go out"
robin katz crushes the hipster grifter in both ceiling of theft and huge-rackness metrics.
bankers: 1
hipsters: 0
did her myspace profile get deleted?
Oh boy, she's not going to do so well in prison.
I think their first sign should have been the "F bush" remark.
F— daylight.
F— privacy.
F— palatable food.
I wonder if the Post, having the same corporate overlords as MySpace, gets some kind of admin access that lets them see private profiles.
Chase will hire any recent college grad (or worse) to man the desks in their branches. Chase isnt picky and there's lots of employee turn-over.
With apologies to those of you who are 25 years old or younger, is there not something wrong with a 25 year old managing tens of millions of dollars of investors money without a system of monitoring in effect? I know, I know...Bernie Madoff is 70-something and the kid in France who blew all those currency trades was 30-something. I just think that big banks gotta have accountability.
I'm gonna say what some are thinking here: Madoff...Katz...being a member of any particula racial or ethnic group is no guarantee of being honest.
An investment adviser doesn't manage money. That's why they're called advisers.
So do you wear one strand of pearls with an orange jumpsuit or the double strand?
Rocket scientist by day... embezzling whore by night
I would think there would be better control of Credit Cards being issued. They would normally be mailed to a verifiable home address and a letter sent to the account holder notifying them of the number of cards and if any new cards were issued.. Unless she had the cards delivered to the Bank Branch and gave it to him there and kept one for herself and was able to put a pin# in place. In any case the bank is liable. They may or may not get the money back from her, unless there is family involved and they want to keep her out of jail. I don't know how it works now, but bank fraud is a Federal Offense and that dictates mandatory jail time. The lawyers will come out just fine on this one.
I wonder if we'll find out that Scumbag McLowlife has stolen from smaller accounts as well.
I'm sure this happens a lot more than we know. Rich people, and some not-so-rich people, don't always look at their statements very closely. And when someone gets caught, the bank could just apologize for the "error" and quietly fire whoever did it.
That's definitely true. I keep everything in quicken rather obsessively, but if I see an extra ATM withdrawal I just assume I lost the receipt or just forgot about it. I would definitely notice 110k though...
Meeoww!
Looks like she's mixing up a little iceing for that muffin top.
Robin Katz or Robin Madoff? You decide.