Banker faces up to 30 years in prison for theft

BRIDGEPORT, Conn. (WTNH) – A People’s United Bank teller admitted to stealing $400,000 from her employer.

Maria Rosa Esteves, 40, of Bridgeport, is pleaded guilty to one count of embezzlement from a federally insured bank.

Prosecutors said Esteves worked at People’s from 1993 to 2014, recently as lead adjuster.

According to court documents, she “used her position in the Adjustments Department to embezzle more than $400,000 from the bank by causing the bank to issue cashiers’ checks that Esteves would then use to pay persons or entities that she owed money to, including her utility company, homeowner’s insurance company and mortgage providers.”

Esteves also took deposited 300 cashiers’ checks into bank accounts she controlled and from which she was able to access the funds.

Esteves is scheduled to be sentenced by U.S. District Judge Robert N. Chatigny in Hartford on Nov. 7, when she faces up to 30 years in prison, a fine of up to $1 million and an order of restitution.

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