{"id":47472,"date":"2026-07-10T09:15:54","date_gmt":"2026-07-10T09:15:54","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=47472"},"modified":"2026-07-10T09:15:54","modified_gmt":"2026-07-10T09:15:54","slug":"ex-bank-of-america-employee-charged-with-stealing-139000-from-elderly-customers-in-tennessee","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=47472","title":{"rendered":"Ex-Bank of America Employee Charged with Stealing $139,000 from Elderly Customers in Tennessee"},"content":{"rendered":"

\"\"<\/p>\n

A former Nashville banker has been charged with multiple felonies after allegedly stealing more than $139,000 from two elderly customers.<\/p>\n

Karl Stephen Richardson was arrested Tuesday following a four-month probe by the Metro Nashville Police Department\u2019s Fraud Unit, reports<\/a> NewsChannel 5.<\/p>\n

He is charged with two counts each of financial exploitation of an elderly adult, computer fraud, felony theft, identity theft, and credit card fraud.<\/p>\n

The case began in February when Bank of America filed a complaint.<\/p>\n

Richardson worked at the bank\u2019s Harding Pike branch.<\/p>\n

He is accused of processing 19 counter withdrawals totaling more than $60,000 from a 75-year-old customer\u2019s account between July of 2025 and November of 2025, with the customer not receiving most of the money.<\/p>\n

Investigators also found 11 unauthorized ATM withdrawals totaling $8,000 from the same account.<\/p>\n

Her total loss reached $68,400.<\/p>\n

A second victim, an 86-year-old, lost nearly $70,932 through over 100 unauthorized transactions that included Zelle transfers, ATM withdrawals, counter withdrawals and debit card purchases. According to NewsChannel 5, Richardson had developed a personal relationship with the 86-year-old customer.<\/p>\n

The report says that Richardson continued making withdrawals from the 86-year-old\u2019s account even after he left Bank of America in November of 2025. Between January 1st and April 13th this year, the report says Richardson withdrew $4,500 from the victim\u2019s account.<\/p>\n

Richardson was arrested while working at Simmons Bank in Bellevue. His bond has been set at $370,000.<\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

The post Ex-Bank of America Employee Charged with Stealing $139,000 from Elderly Customers in Tennessee<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

A former Nashville banker has been charged with multiple felonies after allegedly stealing more than $139,000 from two elderly customers. Karl Stephen Richardson was arrested Tuesday following a four-month probe by the Metro Nashville Police Department\u2019s Fraud Unit, reports NewsChannel 5. 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