Former Avon Bank Manager Headed For Prison

HARTFORD, CT — A New Britain woman who most recently served as manager of a Webster Bank branch in Avon was sentenced Thursday to a year in prison for embezzling more than a half-million dollars from her employer.

Carrie Caesar, 47, was sentenced by U.S. District Judge Alvin W. Thompson in Hartford to 12 months and one day of imprisonment, followed by four years of supervised release, according to John H. Durham, United States Attorney for the District of Connecticut.

According to court documents and statements made in court, Caesar was a long-time employee of Webster Bank, where she served in a variety of roles, including bank teller, account manager and, most recently, as manager of the Avon branch office. Between 2003 and 2016, Caesar withdrew at least $535,600 from account holders’ certificate of deposit (CD) 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, Durham said.

Caesar targeted primarily six customers, all of whom were at least 79 years old and with whom she had developed a relationship as an account manager, Durham said.

Judge Thompson ordered Caesar to pay $535,600 in restitution to the bank, Durham said.

On Feb. 13, 2017, Caesar pleaded guilty to one count of theft, embezzlement and misapplication by a bank officer and employee. Released on a $150,000 bond, Caesar was ordered to report to prison on March 20, 2018, according to Durham.

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