Banker Indicted on Embezzlement Charges for Misconduct While Branch Manager In Avon

AVON, CT — A woman accused of taking funds from an Avon bank while she served as its branch manager has been indicted on embezzlement charges, a top prosecutor said.

Deirdre M. Daly, United States Attorney for the district of Connecticut, announced on Thursday that 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 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."

Daly said 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.

The indictment was delivered on Jan. 6 and on Tuesday, 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, Daly said.

No specific amount taken from the Webster accounts was mentioned by prosecutors.

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