BOSTON – A Saugus man, formerly of Revere, has been charged and has agreed to plead guilty to embezzling bank funds while working as a teller at a Boston branch of a national bank.
Derek Aut, 28, was charged by Information with embezzlement by a bank employee and aggravated identity theft. He was previously charged by criminal complaint on Dec. 18, 2024.
According to the charging documents, while working as a teller at a bank branch in Boston, Aut stole from the bank accounts of two customers by forging the victims’ names on withdrawal slips, among other things. When one of the victims noticed money missing from her account, Aut allegedly attempted to cover his theft by taking money from the other victim’s account and depositing it into the first victim’s account. In total, Aut is alleged to have taken more than $180,000 from the victims’ accounts.
The charge of embezzlement by a bank employee provides for a sentence of up to 30 years in prison, five years of supervised release and a $1 million fine. The charge of aggravated identity theft provides for a mandatory sentence of two years in prison to be served consecutive to any other sentence imposed. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors.
United States Attorney Leah B. Foley and Michael J. Krol, Special Agent in Charge of Homeland Security Investigations in New England made the announcement. Assistant U.S. Attorney Kristen A. Kearney of the Securities, Financial & Cyber Fraud Unit is prosecuting the case.
