LARCHMONT, N.Y. -- Jeremy Winter, a former branch manager at TD Bank in Larchmont and a Ridgefield, Conn., resident, has been convicted on charges of grand larceny and scheme to defraud, according to the Westchester County District Attorney's Office.
Winter has been sentenced to 1 1/3 to four years in prison on charges of:
• One count of second-degree grand larceny, a class C felony.
• One count of first-degree scheme to defraud, a class E felony, regarding the theft of funds from bank depositors.
Winter was employed as a branch manager at TD Bank at 107 Chatsworth Ave., Larchmont.
Beginning in February 2012, Winter began making large transfers of U.S. currency out of several customers’ accounts into his own personal bank account or into a relative’s account totaling $745,000, according to a statement by the District Attorney's Office.
The money was used to pay off the defendant’s personal loans and contractors he had hired to do home improvements, the statement said.
In an attempt to avoid detection, the defendant would “rob Peter to pay Paul,” basically take money from a new victim’s account to pay back older victims. The total amount of the larceny that actually ended up in the defendant’s pocket was $365,000, according to the statement.
The statement said Winter also forged a customer’s signature on a withdrawal slip in the amount of $100,000, thereby also creating a false business record.
The bank notified Larchmont police, and in September 2012 the District Attorney’s Office joined the investigation.
Winter was arrested by Larchmont police on Thursday, Feb. 28, 2013.
As a condition of sentencing, the defendant will pay upfront restitution of $225,000, and there will be a judgment order of restitution for the remainder, $139,600. Assistant District Attorney Robert Mayes of the Economic Crimes Bureau prosecuted the case.
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