Another bank rep got the boot from FINRA.

Pamela Grace Musiimire, a former registered representative with Citigroup Global Markets in New York, was banned from the brokerage industry last week for allegedly attempting to bamboozle two customers, according to a settlement FINRA posted on its website.

FINRA claims that on March 1, 2013, Musiimire opened a checking account, booked a $5,000 bank loan and issued an ATM card for a bank customer without the customer's permission.  She then used the ATM card she created to swipe all but $3 of the $5,000 bank loan from the customer's account, FINRA said.

In addition, FINRA alleges that on March 22, 2013, Musiimire set up a similar scheme to rip off a second customer.  Musiimire first booked a $10,000 installment loan and generated an ATM card for the customer's account without the customer's authorization. She then allegedly opened a second account in the customer's name and generated an ATM card for the account —again without the customer's knowledge. According to FINRA, she used the ATM cards to withdraw over $9,600 from the two accounts, using the money for her personal use.

During testimony, Musiimire stated that her actions with respect to the $5,000 loan were authorized by another customer with the same name but undertaken by mistake in the wrong account. FINRA charges that she provided false testimony.

Musiimire registered as a Series 6 representative with Citigroup Global Markets in May of 2007. Citigroup terminated her registration in May of 2013, following her dismissal from Citigroup's bank affiliate, according to BrokerCheck.

In her settlement with FINRA, Musiimire neither admitted nor denied the charges, but consented to an entry of FINRA's findings.

"Pamela resolved the matter with FINRA without admitting or denying the allegations and she's satisfied with the resolution of the matter," her attorney Michael Bachner of Bachner & Associates said.

Musiimire did not respond to an email seeking comment. Brent Andrew, a spokesperson for Citigroup Global Markets, declined to comment.

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