NCB employee charged in multi-million-dollar fraud
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The article describes criminal charges against an NCB employee for alleged multi-million-dollar fraud involving theft, forged signatures, and misuse of customer account funds. This is directly tied to financial crime and accountability within a Jamaican government-adjacent financial institution.
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An employee of the National Commercial Bank (NCB) has been charged in connection with a multi-million-dollar fraud at the island’s largest commercial bank.
Khadene Thomas was charged with larceny and offences under the Cyber Crimes Act on Monday after a question and answer session with detective from the Fraud Squad. She is set to appear in the St Ann Parish Court on Friday.
It is alleged that the 35-year-old wealth advisor of NCB’s Ocho Rios branch removed US$30,000 or roughly J$5 million from a customer’s account between July and October last year. She reportedly forged the signature of the customer on a debit instrument after which she debited his account and transferred funds to several accounts, including hers.
She was arrested last week.
The bank is currently undertaking an audit and investigators believe the amount of the alleged fraud could increase at the end of the exercise.
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