Tewksbury Bank Manager Sentenced In Embezzlement Case

TEWKSBURY, MA — A man has been sentenced for embezzling hundreds of thousands of dollars from a Tewksbury bank, according to federal prosecutors.

Jefry Castro, 34, of Lawrence, was sentenced to one year and one day in prison, five years of supervised release and $375,233 in restitution.

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He pleaded guilty to one count of embezzlement by a bank employee in April.

Castro worked as the manager of the Citizens Bank branch in Tewksbury.

Between May 2024 and August 2025, he embezzled $374,233 from the bank. Castro embezzled the money primarily by taking cash from two ATMs at the bank, prosecutors said.

He covered his theft by moving money from cash deposits and cash shipments to the bank to replace the cash in the ATMs. Castro also changed numbers on the bank’s balance sheets to falsify the total amount of cash at the bank, according to prosecutors.