New York Daily News

NOW I’M OWED

Ex-banker seeks $5M for wrongful fraud trial

- BY CHRISTINA CARREGA

HE WANTS THEM to pay — big time — for their mistake.

An ex-banker who was wrongfully implicated in a $400,000 grand larceny scheme has filed a $5 million notice of claim against the city and Brooklyn prosecutor­s, the Daily News has learned.

Earlier this year, a jury acquitted Jonathan Francis of conspiring with Dion Allison to loot the accounts of elderly and deceased JPMorgan Chase clients.

“Since I was 16, I worked in the financial field, I did internship­s and everything, now my reputation is tarnished because of this,” said Francis, 29, who aspired to be an investment banker.

Prior to the duo’s indictment in December 2015, Allison handed a three-page written statement to Chase investigat­ors saying that he and Francis abused their power together between August 2012 to October 2013.

The pair allegedly issued ATM cards from 15 accounts — eight belonging to dead people — and withdrew the funds.

They were immediatel­y fired from the Restoratio­n Plaza bank branch in Bedford-Stuyvesant.

From day one, Francis (inset left) maintained his innocence. If convicted, he faced up to 15 years in prison.

“It was embarrassi­ng for my name to be associated with a crime I didn’t commit,” Francis said. “... it all came from one person’s statement who admitted it was a lie.” Prosecutor­s learned in February that Allison (inset right), in a bid to avoid jail time in exchange for his testimony, lied to them, said Francis’ defense attorney Doug Rankin. “They waited a month to tell me this and still went forward with trial. I made a motion to dismiss, since Dion Allison also lied to the grand jury,” Rankin said. His motion was denied and they went to trial. At trial, Rankin cross-examined Allison, who blatantly admitted he lied about Francis on four occasions.

Prosecutor­s Allison lied.

“It’s bad enough that the guy lied if you didn’t know, but once you know, you’re supposed to dismiss the case ... they got duped, and he should lose his deal,” said Rankin.

Allison pleaded guilty to a felony in exchange for five years’ probation.

Francis is seeking $2.5 million for false arrest and malicious prosecutio­n, as well as $2.5 million in punitive damages.

“Someone has to be held accountabl­e for what happened. I’m happy about the outcome, but this case shouldn’t have gone this far,” Francis said.

Allison’s promised sentence was imposed on Wednesday, according to court records. “We don’t comment on pending litigation,” said a spokeswoma­n for the District Attorney’s office. stipulated that

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