Former Montco bank employee admits ripping off elderly women
A former Wells Fargo Bank “personal banker” Thursday admitted that he bilked almost $9,000 from six elderly women from the Pottstown area last summer. Jon Dugan, 29, of Berks County, entered an open guilty plea to six charges of theft by deception for the scam. An open plea means there is no agreement on a sentence between the prosecutor and defense lawyer. Montgomery County Judge Gary S. Silow, who accepted the plea, postponed sentencing until he receives a report telling him more about Dugan’s background. Dugan, who remains free on $25,000 unsecured bail, could receive a maximum sentence of 16 to 32 years in prison.
Among Dugan’s responsibilities as a “personal banker” at the bank in Pottstown was to aid customers in their banking transactions. Instead, Dugan is accused of providing the women, ages 77 to 92, with confusing financial information, so befuddling them that they simply signed papers, including blank withdrawal slips, that he put in front of them. Dugan allegedly used those withdrawal slips to take money, usually in the amounts of $500 or less, from their accounts and place the money in his own personal accounts, according to the criminal complaint.
In their interviews with investigators, all of the victims said that they knew better but that they had been so totally confused that they completed the transactions Dugan allegedly recommended. The victims described Dugan as a “super nice person whom they totally trusted with their money,” said the complaint. In contrast, the complaint describes Dugan as a “predator.”
This article was written by Margaret Gibbons for PhillyBurbs.com.