Larchmont TD Bank Manager Pleads Guilty to Stealing Over $300K
15 May, 2014
By Polly Kreisman
A former Branch Manager at the TD Bank located at 107 Chatsworth Avenue in Larchmont, has pled guilty making large transfers of U.S. currency out of several customers’ accounts into his own personal bank account or into a relative’s account totaling $745,000.
The Westchester County DAs office says Jeremy Winter of Ridgefield, Ct., used the money to pay off personal loans and contractors he hired to do home improvements, and in order to avoid detection, he would ‘rob Peter to pay Paul,’ basically take money from a new victim’s account in order to pay back older victims.
The total amount of the larceny that actually ended up in the defendant’s pocket was $365,000.
The defendant also forged a customer’s signature on a withdrawal slip in the amount of $100,000, thereby also creating a false business record.
The bank notified Larchmont Police and in September of 2012 the District Attorney’s Office joined in the investigation. Winter was arrested by Larchmont Police on February 28, 2013.
Sentencing will be on August 14th, 2014. The defendant will pay upfront restitution of $225,000 and there will be a Judgment Order of Restitution for the remainder, $140,000.
Winters faces a maximum sentence of 15 years in state prison.