Woman Enters Guilty Plea in Avon Bank Branch Embezzlement Case

AVON, CT — A woman accused of embezzling money from a bank branch in Avon has entered a guilty plea about a month after being indicted, a leading prosecutor said Monday.

Deirdre M. Daly, United States Attorney for the district of Connecticut, announced that Carrie Caesar, 46, of New Britain, entered a guilty plea on Monday in New Haven federal court to embezzling funds from Webster Bank Corporation.

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 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, according to court documents.

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

Caesar pleaded guilty to one count of theft, embezzlement and misapplication by a bank officer and employee, an offense that carries a maximum term of imprisonment of 30 years, Daly said.

She is released on a $150,000 bond and is scheduled to be sentenced by U.S. District Judge Alvin W. Thompson in Hartford on May 8, Daly said.

Photo Credit: Mia Jensen