Thursday, July 24, 2008

Money & Business

The Collar by Luke Mullins

Feds Finger Bank Teller in Robberies

April 21, 2008 02:35 PM ET | Luke Mullins | Permanent Link

Despite growing concern about more sophisticated crimes, financial institutions still have to protect themselves from old-fashioned bank robberies.

Just ask the Department of Justice, which last week charged 20-year-old Christina Dasrath—a teller at a bank branch in New York City—in connection with a pair of apparent robberies.

According to the DOJ, Dasrath told a coconspirator how bank employees would respond to a robbery attempt and handed over cash during actual robberies.

From a Department of Justice press release:

On June 8, 2007, DASRATH's co-conspirator handed DASRATH a note directing DASRATH to "empty both drawers," and threatening to "start shooting." DASRATH complied by handing her co-conspirator approximately $16,305 from her teller drawer.

On November 16, 2007, DASRATH's co-conspirator again robbed the Sovereign Bank at 57 Avenue A, by displaying a gun to bank employees and threatening to kill an employee to gain entry to the bank, ordering the employees to bring him in to the vault in the back of the bank, and then having DASRATH fill a duffel bag with approximately $102,000 in cash.

After each robbery, DASRATH met with her co-conspirator to receive a portion of the stolen money, and covered up in interviews with investigators her knowledge of the identity of the person who committed the robberies.

Dasrath's charges include conspiracy to commit bank fraud. If she is convicted of all charges, Dasrath could face 60 years in prison.

Her alleged coconspirator was arrested earlier in Pennsylvania, according to United Press International.

Tags: Department of Justice | crime

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Luke Mullins is an associate editor at U.S. News, covering banking, real estate, and white-collar crime. He came to the magazine from the American Banker, a financial services daily newspaper, after a stint in the Peace Corps in West Africa and 18 months coaching baseball in the Dominican Republic. Mullins earned a master's degree in journalism from Syracuse University in 2005 and now lives in Washington, D.C., where he grew up. He has written about white-collar criminals for the American magazine, and his work was included in 20 Something Essays by 20 Something Writers: The Best New Voices of 2006, a Random House anthology that appeared on the Boston Globe's bestseller list.

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