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Justice News

Department of Justice
U.S. Attorney’s Office
Northern District of New York

Thursday, June 6, 2019

Clifton Park Woman Sentenced to 21 Months for Bank Embezzlement

Caitlin Kenney Stole Over $480,000 from KeyBank, N.A.

ALBANY, NEW YORK – Caitlin Kenney, age 33, of Clifton Park, New York, was sentenced today to 21 months in prison for embezzlement by a bank employee. 

The announcement was made by United States Attorney Grant C. Jaquith and James N. Hendricks, Special Agent in Charge of the Albany Field Office of the Federal Bureau of Investigation.

In pleading guilty, Kenney admitted to embezzling a total of $483,784.83 from KeyBank, N.A., branches in Queensbury and Malta, New York, between September 2013 and February 2017.  Kenney, who worked as a head teller for KeyBank, transferred cash from KeyBank’s vaults to unused cashboxes and then stole the money.  In an effort conceal her theft, Kenney made false entries in KeyBank’s electronic accounting system.  Kenney spent the stolen money on clothes, cocaine and vacations, among other things. 

Senior United States District Judge Thomas J. McAvoy also sentenced Kenney to 2 years of supervised release, to begin following her term of imprisonment.  She is required to pay $483,784.83 in restitution to KeyBank. 

This case was investigated by the FBI and prosecuted by Assistant U.S. Attorney Cyrus P.W. Rieck.

Financial Fraud
Updated June 7, 2019