A Regions Bank employee on Monday, Sept. 12, was arrested and charged with theft by taking after he allegedly took more than $10,000 from the bank to supposedly cover online gambling debts.
According to Madison Police Department reports, Juan Jose Munoz, 26, Eatonton was arrested after a bank audit allegedly returned a $13,000 deficit from Munoz’s teller drawer. Reports state that a Region’s Bank Fraud Investigator contacted Madison Police on Sept. 12 and alleged that a bank audit showed a significant deficit from Munoz’s drawer.
The Regions investigator told police that the bank believed Munoz “forced balanced the vault daily to show no missing money.”
Reports state that the same day the Regions representative contacted the Madison Police Department, Det. Andre Johnson arranged and completed an interview with Munoz. Reports state that during the interview, Munoz “then verbally admitted to taking approximately $10,000 cash from Regions Bank vault during the months of June through September. Regions Bank is located on Eatonton Road.
Reports state that Munoz allegedly told Det. Johnson that he had activated a gambling application on his phone in January, 2022, started gambling and “lost paychecks.”
“Munoz advised he started taking money from the bank vault in the month of June 2022 to pay his bills and to support his gambling habit,” said Johnson.
Report state that Munoz also allegedly admitted to the Regions bank manager that he had taken the money.
A Regions representative said on Friday, Sept. 16 that Munoz had been terminated.
“We have zero tolerance for this alleged activity, and we appreciate the work of law enforcement in investigating this matter. No customer funds were impacted, and customer accounts were never compromised. We deeply value the trust of our customers, and we will continue working with investigators as this case moves forward. The individual who is accused in this matter is no longer employed by Regions,” said Veleka P. Pinch, vice president, corporate media and public relations, Regions Bank.