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03/29/2025

Boston bank teller embezzled $180,000. What did he spend it on?

USA Today

A bank teller pleaded guilty in federal court to taking over $180,000 from a TD Bank branch in Boston. He faces up to 30 years in prison. The former sandwich maker blew most of the money gambling.

A former Massachusetts bank employee pleaded guilty to stealing over $180,000 from the financial institution, federal officials announced Thursday, exploiting a rare vulnerability in the airtight world of bank security.

Derek Aut - a former sandwich maker at a beloved sub shop in Revere - pleaded guilty in federal court to embezzling funds while working as a teller at a bank in Boston, the U.S. Attorney’s Office said. His theft involved forging bank customers’ signatures on withdrawal slips and moving money between accounts to cover his tracks, according to prosecutors. 

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