50 years after using a fake dime, man is fired

50 years after using a fake dime, man is fired

| Aug 31, 2012 | Firm News |

Most people in Washington, D.C., would be shocked to learn the far-reaching consequences that a criminal conviction can have. Larceny, theft and crimes involving deceit are especially difficult to move forward from because many employers are afraid that a former offender will steal again. This is one of the many reasons why anyone accused of a theft or property crime in Washington, D.C., should work closely with a criminal defense attorney.

For the past 50 years, a 68-year-old man has worked hard to move on from what he called a “stupid stunt.” When he was 18-years-old, he had used a dime made out of cardboard at a laundromat and was caught. He was convicted of operating a coin-changing machine by false means and sentenced to two days in jail. Nearly anyone in the District would say that this is such a minor offense and one that happened such a long time ago that it couldn’t have a negative effect on the man’s employment; they would be wrong.

The man was recently fired from his customer service job with Wells Fargo because of a new rule by the Federal Deposit Insurance Corp. that says anyone who was convicted of an offense that involved a breach of trust, money-laundering or dishonesty may not work at a bank. Though there is an automatic waiver for anyone who was sentenced to less than a year of and never actually put in jail, this does not apply to the man who used a fake dime 50 years ago.

There is a process in which the FDIC will grant a waiver for employment, but it generally takes between six months and a year to be approved. Until this man’s waiver is approved, however, he will need to find a new source of income.

Theft, property and deceitful offenses should not be underestimated, even if the recommended sentence is relatively minor. The long-lasting effects of a tarnished reputation may be worse than the actual criminal punishment.

Source: The Associated Press, “Wells Fargo Fires Worker, Richard Eggers, Over Laundromat Incident From 1963,” Aug. 27, 2012

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