Contact: Craig M. Wolff
Assistant United States Attorney
Tel: (207) 780-3257
Portland, Maine: United States Attorney Thomas E. Delahanty II announced that Jeffrey
Burnham, 42, of Arundel, Maine, was sentenced today in U.S. District Court by Judge George
Z. Singal to 1½ years in prison and 3 years of supervised release for theft by a bank officer.
Burnham pleaded guilty on June 10, 2014.
According to court records, from about February 2011 to February 2012, Burnham, who
was a Vice President with TD Bank, stole about $240,000 from the bank. Burnham used his
corporate credit card to charge personal expenditures at several gentlemen’s clubs located in
Maine, Massachusetts, New York, and Florida and then submitted false expense reports and
other false information that caused the bank to pay for those personal expenditures. Burnham
also gave TD Bank gift cards that were designed to be given as gifts to TD Bank clients instead
to employees of the gentlemen’s clubs.
The investigation was conducted by the Federal Bureau of Investigation.