The Office of the Comptroller of the Currency published its April 2025 enforcement actions against individuals currently and formerly affiliated with OCC-supervised banks, issuing three orders of prohibition. The orders bar the individuals from participating in the affairs of a bank or other covered institution. The actions cover: Alhassan Abubakar, a former associate banker at a New York, New York branch of JPMorgan Chase Bank, National Association, for misappropriating USD 20,000 from the bank; Jacqueline Molina, a former customer service representative at TD Bank, N.A., for fraudulently obtaining over USD 40,000 in Paycheck Protection Program funds under the Coronavirus Aid, Relief, and Economic Security Act; and Nick Zatikian, a former associate banker at a Tujunga, California branch of JPMorgan Chase Bank, National Association, for embezzling at least USD 34,900 and altering internal bank records to conceal the embezzlement.
Office of the Comptroller of the Currency 2025-04-17
Office of the Comptroller of the Currency issues prohibition orders against three former bank employees for misappropriation, embezzlement and Paycheck Protection Program fraud
The Office of the Comptroller of the Currency issued April 2025 enforcement actions, including three prohibition orders against individuals affiliated with OCC-supervised banks. Alhassan Abubakar, Jacqueline Molina, and Nick Zatikian are barred from participating in bank affairs due to misappropriation, fraudulent PPP fund acquisition, and embezzlement, respectively.