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Article: BUSINESS IN BRIEF
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- July 5, 2008
CopyrightCopyright 2008 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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THE NATION
Ex-private banker faces
federal charges for theft
A former JPMorgan Chase private banker was charged by US
authorities and sued by the bank for allegedly stealing money from a
client's account. Hernan Arbizu was charged with bank fraud by
federal prosecutors in May, according to Manhattan federal court
records. The New York based-bank sued Arbizu for theft on June 16 in
the same court and won a July 1 order requiring him to surrender
bank records and barring him from soliciting bank clients. Details
of the criminal complaint weren't immediately available. Arbizu
couldn't be reached for comment in Buenos Aires. (Bloomberg)
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