Former Bank of New York Employee Pleads Guilty to Stealing Over $1 Million from Non-Profits

By Ben Fractenberg on July 1, 2010 8:58pm 

Adeniyi Adeyemi, 27, pleaded guilty to stealing personal information from over 2,000 Bank of New York employees on Thursday, July 1, 2010.
Adeniyi Adeyemi, 27, pleaded guilty to stealing personal information from over 2,000 Bank of New York employees on Thursday, July 1, 2010.
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Mario Tama/Getty Images

By Ben Fractenberg

DNAinfo Reporter/Producer

MUNICIPAL DISTRIC — A man accused of stealing the personal information of more than 2,000 employees at the Bank of New York headquarters and using their identity to steal more than $1.1 million from charities and non-profits pleaded guilty on Thursday.

Adeniyi Adeyemi, 27, is accused of orchestrating the crimes over an eight-year period while working at the Bank of New York.

“This defendant invaded the privacy of thousands of employees by stealing their personal and private information,” said District Attorney Cyrus R. Vance, Jr. in a statement. “He victimized his colleagues, charities, and nonprofits.”

Adeyemi pleaded guilty to computer tampering, grand larceny and money laundering, all in the first degree.

He allegedly used the employees’ identities to open up more than 30 bank and brokerage accounts in financial institutions, including E*Trade, Fidelity, Citigroup, Wachovia and Washington Mutual.

Adeyemi is scheduled to be sentenced on July 21.

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