Former bank teller admits to embezzling over $180K from Boston bank
BOSTON (WWLP) – A Massachusetts man agreed to plead guilty to allegedly embezzling bank funds while he was working as a Boston bank teller.
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The Department of Justice states 28-year-old Derek Aut of Saugus, formerly of Revere, was working as a teller at a bank branch in Boston, where he would steal from the accounts of two customers by forging their names on withdrawal slips. When one victim noticed that there was money missing from her account, Aut allegedly tried to cover this up by taking money from the other victim's account and putting it into the first victim's account.
By doing this, Aut allegedly stole over $180,000 from the victims' accounts.
Aut was charged by Information with embezzlement by a bank employee and aggravated identity theft. He was charged previously by criminal complaint on December 18, 2024.
The charge of embezzlement by a bank employee is 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 is a mandatory sentence of two years in prison to be served consecutive to any other sentence imposed.
WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on WWLP.com.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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