A BNY Mellon Wealth Management Vice President routinely conspired with other bank employees to covertly reverse entries
in the Mercer trust accounts in order to hide the bank's incompetence from the trusts' beneficiaries.
Finally, all nodes on the path from the source to the destination broadcast their forward and reverse entries
to their neighbours outside the path.
I love the fact that I can reverse entries
at the end of the quarter if I need to, or, if a mistake requires an off-cycle check, it's not a big deal with UltiPro," said Loftis.