A Manhattan Citibank personal banker took advantage of an elderly man with dementia, stealing over $150,000 of his hard-earned money. The banker used some of the stolen funds to indulge in a luxury Harley-Davidson motorcycle.
Juan Velez, 35, of Hoboken, NJ, could have spent up to 15 years behind bars for his crime. However, prosecutors said he managed to negotiate a plea deal that reduced his sentence to six months in jail, which he began serving on Tuesday.
