High Profile Banker Deaths...Why so Many?

Since, the Great Financial Collapse (GFC) in 2008, I have been aware of a huge number of bankers oddly dying. I don't mean to sound morbid, its not like I follow this directly. However, this morning I came across an article that spurred my interest and it should alarm you too! I found it on the WallstreetonParade website.  The title of the article that captured my attention is below.

The Unusual deaths reported on related to JPMorgan Chase.

The article explained that James S Crown died in a single car accident on Sunday, who was under investigation by US Dept of Justice (DoJ). The article then when on to detail out all the other Banker deaths from JPMorgan Chase. See the list below...

Joseph M. Ambrosio, age 34, of Sayreville, New Jersey, passed away on December 7, 2013 at Raritan Bay Medical Center, Perth Amboy, New Jersey. He was employed as a Financial Analyst for J.P. Morgan Chase in Menlo Park. On March 18, 2014, Wall Street On Parade learned from an immediate member of the family that Joseph M. Ambrosio died suddenly from Acute Respiratory Syndrome.

Jason Alan Salais, 34 years old, died December 15, 2013 outside a Walgreens in Pearland, Texas. A family member confirmed that the cause of death was a heart attack. According to the LinkedIn profile for Salais, he was engaged in Client Technology Service “L3 Operate Support” and previously “FXO Operate L2 Support” at JPMorgan. Prior to joining JPMorgan in 2008, Salais had worked as a Client Software Technician at SunGard and a UNIX Systems Analyst at Logix Communications.

Gabriel Magee, 39, died on the evening of January 27, 2014 or the morning of January 28, 2014. Magee was discovered at approximately 8:02 a.m. lying on a 9th level rooftop at the Canary Wharf European headquarters of JPMorgan Chase at 25 Bank Street, London. His specific area of specialty at JPMorgan was “Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives.”

Ryan Crane, age 37, died February 3, 2014, at his home in Stamford, Connecticut. The Chief Medical Examiner’s office ruled, after much delay, that the cause of death was “ethanol toxicity/accident.” Crane was an Executive Director involved in trading at JPMorgan’s New York office. Crane’s death on February 3 was not reported by any major media until February 13, ten days later, when Bloomberg News ran a brief story.

Dennis Li (Junjie), 33 years old, died February 18, 2014 as a result of a purported fall from the 30-story Chater House office building in Hong Kong where JPMorgan occupied the upper floors. Li is reported to have been an accounting major who worked in the finance department of the bank.

Kenneth Bellando, age 28, was found outside his East Side Manhattan apartment building on March 12, 2014. The building from which Bellando allegedly jumped was only six stories – by no means ensuring that death would result. The young Bellando had previously worked for JPMorgan Chase as an analyst and was the brother of JPMorgan employee John Bellando, who was referenced in the 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 losses of at least $6.2 billion. Deposits from the federally-insured bank had been used to make the derivative bets according to the Senate’s report.

Thomas James Schenkman, age 42, died suddenly in Connecticut on May 7, 2014. 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.

Julian Knott and his wife, Alita, ages 45 and 47, respectively, were discovered by police on July 6, 2014 at approximately 1:12 a.m. in their home in the Lake Hopatcong section of Jefferson Township, New Jersey. After a two-day investigation, police announced that they believed Julian Knott shot his wife repeatedly and then took his own life with the same gun. The Knotts had three teenage children, two living at home and one in college. Knott had worked on JPMorgan computer networks in London since 2001, initially as a subcontractor for Computer Science Corporation and, later, IBM. Knott formally joined JPMorgan Chase at its London operations in January 2006 and remained there until 2010 when he transferred to JPMorgan’s large complex in Columbus, Ohio and rose to the rank of Technical Director of Global Tier 3 Network Operations. Knott was transferred again in 2012 and began work in JPMorgan’s high tech Global Network Operations Center in Whippany, New Jersey. Six months before his death he was promoted to Executive Director.

Michael A. Tabacchi and His Wife, Iran Pars Tabacchi: According to Bergen County, New Jersey Prosecutor John Molinelli and police reports, 27-year old Michael A. Tabacchi and his wife, Iran Pars Tabacchi (who also went by the name Denise) were discovered dead on Friday evening, February 7, 2015 in their home in Closter, New Jersey. Their infant son was in the home and unharmed. He was cared for by paternal grandparents. A text message from the home had been sent to the father of Michael Tabacchi asking him to come to the home, according to media reports. The father found the couple. County Prosecutor John Molinelli made short work of his investigation, tweeting: “Autopsy on Closter couple shows wife died from strangulation and single stab wound to chest. Husband died from self-inflicted stab chest.” On the very evening the bodies were discovered, before any autopsy had been performed, Molinelli characterized the deaths in a tweet as a “probable murder suicide.” Michael Tabacchi’s LinkedIn profile listed him as an Associate at JPMorgan, indicating a previous title there of Operations Analyst.

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. Robin Korkki had an extensive history as a futures trader in Chicago, according to her past registration history at the self-regulatory body, FINRA. The deaths were discovered on September 22, 2016.

Douglas (Doug) Arthur Carucci, age 53, died on Saturday, March 9, 2019. His LinkedIn profile at the time indicated that he was a Managing Director at JPMorgan Chase and employed there since June 2011. The profile showed the titles at JPMorgan Chase of Global Head of Currencies, Emerging Markets, and Commodities Technology and Global Head of FICC Electronic Trading Technology. His online obituary says simply that he died “tragically and suddenly.” Carucci is believed to have been a resident of Manhattan with his wife, Cindy. Wall Street On Parade called the New York City Police Department and we were told they had no information in their database about the death of a Douglas Carucci in March 2019. We next emailed the New York City Medical Examiner’s office – which is mandated under law to investigate all deaths from accidents or sudden deaths. Aja Worthy-Davis, the Executive Director for Public Affairs of the Medical Examiner’s Office responded as follows: “There is no OCME record of this individual (under the name shared). Please keep in mind that the OCME does not investigate (or keep records of) all deaths within the City of New York. The OCME is specifically responsible for investigating only NYC-based deaths occurring from criminal violence, by accident, by suicide, or in any unusual or suspicious manner.”

So, this article talks about, 12 high ranking deaths from JPMorgan.  Perhaps this is not alarm worthy, however as I started recalling the sheer number of Banking official deaths by non-natural causes since the GFC started coming back to me. I turned to the interwebs and was again shocked by what I found. Here are some examples:

Val Broeksmit, 46, Who Blew the Whistle on Deutsche Bank, Dies
Former Head of Danske Bank in Estonia Is Found Dead in Suicide

Both the NYT and NY Post have runs stories since 2015 about this issue, however, its covered in the gore filled mainstream media. Wonder why, is there a directive from upon high to avoid talking about this?

Ask yourselves some questions:

• What do they know that they are not allowed to share with the general population? Is that burden to great to bear?
• Does it have to do with the 700+ banks that Jerome Powell mentioned in his speech a couple weeks back that we very high risk?
  • How close are these other banks to failure if SVB, Signature & First Republic banks were not near the top of this 770+ bank list?
• Who gains by this story not being covered?

Don't take my word for it....here are several URL's that I don't own, with stories I didn't write, about this issue: Some report > 71, some say 45. Either way that is a lots of accidents. Who actually knows how many have taken their own lives and it is not reported. 

https://stillnessinthestorm.com/2015/01/71-banker-deaths-astonishing-list-of-71/
http://www.hangthebankers.com/48-suspicious-banking-deaths/
https://humansbefree.com/2014/08/suiciding-top-bankers-and-billionaires-do-you-know-why.html
https://nypost.com/2016/06/12/why-are-so-many-bankers-committing-suicide/

Summary - come to your own conclusion, perhaps its job stress or....something else? If you are not concerned you are not paying attention! Thanks for hanging in there with me. And for those with curious minds, nope I am not suicidal not one drop! Just sayin....

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