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Stephen Carbonella

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Former Bank Manager Who Embezzled $879K From CD Accounts Sentenced Former Bank Manager Who Embezzled $879K From CD Accounts Sentenced
Former Bank Manager Who Embezzled $879K From CD Accounts Sentenced A former bank manager has been sentenced for stealing nearly a million dollars from the CD accounts of 20 account holders at his branch without their consent. Hamden resident Stephen Carbonella, 59, has been sentenced to 21 months in prison, followed by three years of supervised release, after pleading guilty in Hartford federal court to embezzling funds from his employer, Webster Bank Corporation, where he served as a bank manager of the Orange branch office. Between 2013 and 2017, Carbonella admitted to withdrawing $879,016.48 from 20 account holders’ certificate of deposit accounts at We…

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by Zak Failla
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Former Bank Manager Admits Embezzling $879,000 From CD Accounts Former Bank Manager Admits Embezzling $879,000 From CD Accounts
Former Bank Manager Admits Embezzling $879,000 From CD Accounts A former bank manager in Connecticut has admitted to stealing nearly a million dollars from the CD accounts of 20 account holders at his branch without their consent. Hamden resident Stephen Carbonella, 59, pleaded guilty in Hartford federal court to embezzling funds from his employer, Webster Bank Corporation, where he served as a bank manager of the Orange branch office. Between 2013 and 2017, Carbonella admitted to withdrawing $879,016.48 from 20 account holders’ certificate of deposit accounts at Webster Bank without their knowledge or consent. He then used those embezzled funds for his…

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by Zak Failla
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Ex-Webster Bank Manager Indicted For Embezzling $850K Ex-Webster Bank Manager Indicted For Embezzling $850K
Ex-Webster Bank Manager Indicted For Embezzling $850K A former Webster Bank manager in Connecticut is facing decades in prison after allegedly embezzling nearly a million dollars from his employer. Stephen Carbonella, 59, was charged in court in New Haven this week on a charge of embezzlement by a bank officer or employee after allegedly withdrawing more than $850,000 from account holders’ certificate of deposit accounts. According to the indictment, between 2003 and 2017, Carbonella withdrew the funds without the consent of the account holders, and embezzled the money for his own purposes. He also took steps to conceal his deceit by forging s…

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by Zak Failla