Bank Manager Indicted on Embezzlement Charge
Deirdre M. Daly, United States Attorney for the District of Connecticut, today announced that on January 6, 2017, a federal grand jury in New Haven returned an indictment alleging that CARRIE CAESAR, 46, of New Britain, embezzled funds from her employer, Webster Bank Corporation, where she served as bank manager of the Avon branch office.
According to the indictment and statements made in court, between approximately 2003 and 2016, CAESAR withdrew money from account holders’ certificate of deposit (CD) accounts at Webster Bank, without the knowledge or consent of the account holders, used the embezzled funds for her own purposes, and took steps to conceal her misconduct.
The indictment charges CAESAR with one count of embezzlement by a bank officer or employee, an offense that carries a maximum term of imprisonment of 30 years.
On January 10, 2017, CAESAR appeared before U.S. Magistrate Judge Donna F. Martinez in Hartford, entered a plea of not guilty and was released on a $150,000 bond.
U.S. Attorney Daly stressed that an indictment is not evidence of guilt. Charges are only allegations, and a defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt.
This matter is being investigated by the Federal Bureau of Investigation and prosecuted by Assistant U.S. Attorney John T. Pierpont, Jr.