News and Press Releases RSS feed

FORMER BANK TELLER RECEIVES PRISON SENTENCE FOR BANK FRAUD AND IDENTITY FRAUD

June 25, 2010

BOSTON, Mass... - A former Bank of America teller was sentenced today in federal court for bank fraud and identity fraud.

United States Attorney Carmen M. Ortiz and James C. Burrell, Acting Special Agent in Charge of the Federal Bureau of Investigation - Boston Field Division, announced today that JEFFREY C. GAUTREAUX, 26, of Peabody, was sentenced by U.S. District Judge Nathaniel M. Gorton to 41 months in prison, to be followed by 3 years of supervised release, with an order to pay $ 270,295 in restitution to the bank. GAUTREAUX pleaded guilty to 17 counts of Bank Fraud and 1 count of Identity Fraud on February 12, 2010.

At the earlier plea hearing, the prosecutor told the Court that had the case proceeded to trial the Government’s evidence would have proven that from November 2004 to February 2006, while GAUTREAUX was employed as a teller for the Bank of America, he used his access to bank customer data to steal customer names and account information. GAUTREAUX sold the information to a non-bank associate, expecting to get paid $2,000 per account. The customer information was used by others to make unauthorized withdrawals from bank customer accounts. More than $330,000 was fraudulently withdrawn from numerous accounts before a bank customer complained and the bank conducted an internal investigation.

The case was investigated by the Federal Bureau of Investigation, with the assistance of Bank of America. It was prosecuted by Assistant U.S. Attorney Victor A. Wild of Ortiz’s Economic Crimes Unit.

 

Return to Top

USAO Homepage
USAO Briefing Room
Boston Marathon - Updates / Resources

Receive information regarding those charged in the Boston Marathon bombing cases.

Financial Fraud Enforcement Task Force

Financial Fraud Enforcement Task Force

Victim Witness Assistance

Making sure that victims of federal crimes are treated with compassion, fairness and respect.

Stay Connected: Visit us on Twitter

Stay Connected: Visit us on Twitter