Later On

A blog written for those whose interests more or less match mine.

Drumbeat of mysterious deaths of JPMorgan employees continues

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Pam Martens and Russ Martens report in Wall Street on Parade:

Last Thursday, September 22, 2016, the body of Ann Korkki, a Senior Administrative Assistant in the Wealth Management division of JPMorgan Chase in Denver, Colorado was found with the body of her sister, Robin Korkki, inside their luxury vacation villa at the Maia Resort on Seychelles, an island in the Indian Ocean off the East African coast. Ann Korkki was 37; her sister Robin was 42.

According to the local Seychelles newspaper, there was no sign of violence on the bodies of the women who were on a one week vacation at the resort. The mother and brother of the sisters are currently in Seychelles “pressing U.S. and local officials for details” and making arrangements to bring the sisters back to the U.S. according to a news report in the Minneapolis Star Tribune, which covered the story because the sisters had attended high school in the area.

This latest unusual death of a JPMorgan Chase employee adds to a stunning roster of bizarre deaths since 2014 – a period which has also seen three felony counts leveled against the firm by the U.S. Justice Department and billions of dollars in fines for wide-ranging charges of wrongdoing.

News reports on the bizarre deaths began with Gabriel Magee, a JPMorgan Vice President who worked in computer infrastructure. Magee, 39, is alleged to have leaped from the rooftop of the 33-story JPMorgan European headquarters building at 25 Bank Street on the evening of January 27, 2014 or the morning of January 28, 2014. London tabloids initially reported that Magee’s jump was observed by “thousands of commuters” and JPMorgan colleagues. But after an official inquest, no eyewitnesses could be produced who had actually seen Magee jump. The coroner ruled that Magee’s death was a suicide.

Three weeks after Magee’s alleged leap from the bank’s skyscraper in London, a JPMorgan employee in Hong Kong, 33-year old Dennis Li (Junjie), is said to have leaped to this death on February 18, 2014 from the 30-story Chater House office building in Hong Kong where JPMorgan occupied the top floors. At the time of the death, Wall Street On Parade received elusive answers from the communication team at JPMorgan Chase as to the young man’s job function at the bank. The South China Morning Post newspaper called Li an “investment banker”;  the Standard newspaper in Hong Kong wrote that Li was an accounting major who worked in the finance department at JPMorgan. The China Times wrote that Li was a “Forex trader.” On May 20 of last year, JPMorgan Chase pleaded guilty to a felony count by the U.S. Justice Department for its role in rigging foreign currency exchange trading.

Also in February 2014 came news reports that JPMorgan Executive Director, Ryan Crane, age 37, had died suddenly at his home in Stamford, Connecticut on February 3, 2014. After approximately three months, the Connecticut Medical Examiner released the cause of death, calling it ethanol toxicity/accident.

One month after Crane’s death, on March 12, 2014, yet another alleged building leap occurred, this time in Manhattan by a former JPMorgan analyst, Kenneth Bellando, age 28. Bellando’s body was discovered outside his six-story apartment building on the East Side of Manhattan, by no means a height reliably sufficient to ensure a death outcome.

Bellando was the brother of John Bellando, a JPMorgan employee who had figured in the U.S. Senate Permanent Subcommittee on Investigations’ report on how JPMorgan had hid losses and lied to regulators in the London Whale derivatives trading scandal that resulted in depositor losses of at least $6.2 billion in the FDIC-insured bank of JPMorgan Chase. The bank paid a total of $1.2 billion in fines to U.S. and U.K. regulators. The Justice Department brought criminal charges against two of its traders involved in the scheme. 

Two months after Bellando’s death, on May 7, 2014, Thomas James Schenkman, age 42, died suddenly in Connecticut. Schenkman was Managing Director of Global Infrastructure Engineering for JPMorgan Chase. Schenkman began his technology career with Microsoft, where he worked for 11 years. He had also previously worked at Goldman Sachs and Bear Stearns. Schenkman’s tenure at JPMorgan stretched from 2008 to the time of his death. The cause of death was eventually assigned to “atherosclerotic coronary artery disease” by the Connecticut Office of the Chief Medical Examiner.

Another death by a JPMorgan worker that went initially unnoticed outside of Wall Street On Parade was that of Jason Alan Salais, age 34. The death of Salais came just six weeks before Magee’s alleged leap from the JPMorgan skyscraper in London. Salais was standing outside a Walgreens drugstore on the evening of December 15, 2013 and died of a sudden heart attack according to a family member. Salais had joined JPMorgan in 2008 with a strong background in computer technology, having previously worked as a Client Software Technician at SunGard and a UNIX Systems Analyst at Logix Communications.

Then there were the unfathomable murder-suicides in New Jersey where . . .

Continue reading.

Written by LeisureGuy

29 September 2016 at 10:09 am

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