Miami Bank Employee Guilty of Embezzling Deceased Customer’s Money

MIAMI – A Miami man who used his position as an employee at an international financial institution to embezzle over $190,000 from a deceased customer’s accounts pled guilty to a federal information yesterday in the Southern District of Florida.  

Billy Gedeon, 34, admitted the following: After learning that one of the bank’s regular customers had died, Gedeon went into the deceased customer’s accounts several times without authorization. In 2023, Gedeon stole over $19ok from one of the accounts by forging the deceased customer’s signature on a bank form (which closed the account), withdrawing all the money, and depositing it into Gedeon’s personal account at another bank.

Senior U.S. District Judge Federico Moreno set Gedeon’s sentencing for June, 10 at 10:00AM Eastern Time. Gedeon faces a maximum penalty of up to 30 years in prison. Judge Moreno will consider the U.S. Sentencing Guidelines and other statutory factors when arriving at a sentence. 

U.S. Attorney Hayden P. O’Byrne for the Southern District of Florida; Supervisory Official Antoinette T. Bacon of the Justice Department’s Criminal Division; Special Agent in Charge Rafael Barros of the U.S. Secret Service (USSS), Miami Field Office; and Special Agent in Charge Brian Tucker, Eastern Region, Office of Inspector General for the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau (FRB-OIG) made the announcement.

U.S. Secret Service and FRB-OIG investigated the case.

Assistant U.S. Attorney Latoya C. Brown of the Southern District of Florida and Trial Attorneys D. Zachary Adams and Chelsea R. Rooney of the Justice Department’s Money Laundering and Asset Recovery Section prosecuted the case.

Related court documents and information may be found on the website of the District Court for the Southern District of Florida at www.flsd.uscourts.gov or at http://pacer.flsd.uscourts.gov, under case number 25-cr-20067.

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