FINRA added one more bank rep to the roll of miscreants it expelled from the industry in 2015.

On New Year's Eve, the regulator barred former J.P. Morgan Chase rep William Roldan for allegedly stealing more than $26,000 from four bank customers. FINRA claims he defrauded the customers by making unauthorized ATM withdrawals from their bank accounts between July and November of 2015.

Roldan worked for J.P. Morgan Chase Bank in Hackensack, N.J., from March 2010 to November 2015, when he was dismissed for the alleged wrongdoing, according to his BrokerCheck report.  During that time, he also worked for Chase Investment Services and later J.P. Morgan Securities.   

In his settlement, Roldan neither admitted nor denied the charges but consented to an entry of FINRA's findings.  He could not be reached for comment.

Mike Fusco, a spokesperson for Chase Wealth Management, declined to comment on Roldan's expulsion. 

Roldan joins at least 12 other J.P. Morgan reps who were barred from the industry last year for alleged misconduct ranging from check-kiting schemes to outright theft. One of the more dramatic banishments involved Richard Ohrn, a broker who faked his disappearance at sea to escape a FINRA complaint alleging that he had stolen more than $15,000 from two elderly customers. Ohrn had sued J.P. Morgan Chase for $2 million, charging his former employer with what he claimed was essentially a smear campaign. Ohrn was barred in April.

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