Yes, I am a $1M crook: Qns. banker
A QUEENS BANKER has pleaded guilty to playing financial hijinks with more than $1 million — and prosecutors say at least part of the dough is drug money.
Authorities said Jang Kim, once a private client banker at a JPMorgan Chase bank in Flushing, brought wads of cash to tellers at his Main St. branch from 2013 to 2015.
The amount was typically between $15,000 and $30,000 in $20 bills, according to court papers. Kim had the sums exchanged from the smaller bills to $100 denominations — but paperwork flagging the currency exchanges was never filed, according to law enforcement.
On Tuesday, Brooklyn federal prosecutors asked a judge to accept a guilty plea Kim made last month. At the time, Kim told Magistrate Judge Roanne Mann the bank didn’t file certain reports because of his actions.
According to a transcript of the Sept. 22 plea, Assistant U.S. Attorney Brendan King said at least part “of the proceeds were involved in narcotics trafficking.” King didn’t name the source of the drug money.
Federal guidelines say Kim, 28, could get approximately four years in prison.
The feds busted another bank employee for evading reporting requirements on currency changes for about $150,000. He also pleaded guilty last month, but there were no drug money allegations linked to him.