WTIC1080

Local News

Former Bank Employee Pleads Guilty To Embezzling $400,000

View Comments
(Photo by Joe Raedle/Getty Images)

(Photo by Joe Raedle/Getty Images)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

(CBS Connecticut) — Federal prosecutors say a former bank employee has pleaded guilty to embezzling from People’s United Bank.  40-year-old Maria Estevez of Bridgeport waived her right to indictment in entering the plea.

The investigation found that Esteves was able to embezzle more than $400,000 over 21 years by issuing cashiers’ checks from the bank for her personal bills,  and by depositing cashiers’ into her own bank accounts.

At her sentencing this fall she could be sentenced to up to 30 years in prison, fined up to a million dollars,  and ordered to pay back the money.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 832 other followers