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Justice News

Department of Justice
U.S. Attorney’s Office
District of Massachusetts

FOR IMMEDIATE RELEASE
Wednesday, January 15, 2020

Malden Woman Indicted on Bank Fraud and Identity Theft Charges

BOSTON – A Malden woman has been indicted by a federal grand jury in connection with a scheme to embezzle more than $795,000 from her employer. 

Kayla Figelski, 32, was charged with seven counts of bank fraud and one count of aggravated identity theft. Figelski was previously charged and arrested on Dec. 19, 2019.

According to court documents Between April 2017 and June 2019, Figelski stole at least $795,000 from her employer, a law firm in Malden. Figelski allegedly forged checks to herself from her employer’s checking accounts, including conservatorship and trust accounts her employer maintained for its elderly clients and their estates, and deposited the checks into her own account, from which she withdrew the funds, or directly cashed the checks. It is further alleged that to hide her scheme, Figelski modified bank statements to make it appear that the checks were written out to legitimate vendors rather than to Figelski. 

The charge of bank fraud provides a sentence of up to 30 years in prison, five years of supervised release and a fine of up to $1 million. The charging statute for aggravated identity theft provides for a mandatory sentence of two years in prison to be served consecutive to any other sentence imposed, up to one year of supervised release and a fine of $250,000 or twice the gross gain or loss. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors.

United States Attorney Andrew E. Lelling and Joseph R. Bonavolonta, Special Agent in Charge of the Federal Bureau of Investigation, Boston Field Division, made the announcement today. Valuable assistance was provided by the Malden Police Department. Assistant U.S. Attorney Kristen A. Kearney of Lelling’s Securities and Financial Fraud Unit is prosecuting the case.

The details contained in the charging documents are allegations.  The defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

Topic(s): 
Financial Fraud
Identity Theft
Component(s): 
Updated January 15, 2020