A former J.P. Morgan rep was expelled from the industry for allegedly using an unauthorized ATM card he secretly created to swipe $120 from a customer's bank account, according to a recent FINRA default decision.
Vladimir Tingue, a relationship banker with J.P. Morgan Chase Bank in New York, had access to bank customers' personal and account information, FINRA claimed. He purportedly used his user identification to log into the customer's account, cancel the customer's ATM card and issue a new card for himself. He then used the unauthorized ATM card — or caused it to be used — to withdraw $120 from the customer's account, FINRA alleged.

Tingue could not be reached for comment. He disregarded FINRA's notices of complaint and did not return the regulator's repeated voicemail messages.
In addition to being barred, FINRA was ordered to pay disgorgement of $120 plus prejudgment interest since March 2015, when the theft allegedly took place.
Tingue has 25 days to appeal FINRA's decision. If he does not take any action, the decision becomes final on December 13.
Tingue worked for both J.P. Morgan Chase Bank and J.P. Morgan Securities from April 2014 to May 2015, when he voluntarily resigned while under internal review for the alleged misconduct, according to his BrokerCheck report. He moved to Scottrade in June 2015 but was discharged within a month, BrokerCheck records show.
Elizabeth Seymour, a spokeswoman for J.P. Morgan Chase Bank, declined to comment on Tingue's expulsion.
Tingue joins two other J.P. Morgan reps who were barred this year for using unauthorized customer ATM cards to take their customers' money.