Bank of America Employee Sentenced Following ATM Scam
A former Bank of America employee was sentenced to twenty seven
months in prison after installing software on the bank’s computers that
allowed him to steal thousands of dollars from ATMs, according to an
Associated Press report.Rodney Reed Caverly of Mint Hill, N.C.
was ordered to pay $419,310.90 in restitution, according to the U.S.
Attorney’s office in Charlotte. Caverly, who worked for BOA’s IT
department, plead guilty last year after it was discovered he’d
programmed certain BOA ATMs “to make fraudulent and unauthorized
disbursements of cash.”






