A Ridgefield resident and former TD Bank employee was arraigned Friday on three counts of felony grand larceny, as well as forgery, falsifying records and scheming to defraud — all felonies — while allegedly embezzling $739,000 over the course of a year.
According to a release issued by Westchester County District Attorney Janet DiFiore, Jeremy Winter, 30, of Douglas Lane, Ridgefield, was branch manager of a TD Bank on Chatsworth Ave. in Larchmont, NY, when, in February 2012, he allegedly 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.”
Winter would then allegedly transfer funds from other accounts to cover the discrepancies, establishing a system similar to a Ponzi scheme. Winter also allegedly forged a customer’s signature on a withdrawal slip for $110,000, leading to charges of forgery and falsifying business records.
According to DiFiore, the money was used to pay down personal loans and contractors hired to work on Winter’s home.
TD Bank contacted Larchmont Police in September 2012 and a subsequent investigation began.
Winter was arrested on Thursday and arraigned Friday on three counts of grand larceny in the second degree, one count of forgery in the second degree, one count of falsifying business records in the first degree and one count of scheme to defraud in the first degree.
Bail was set at $100,000 with the next court date scheduled for May 14.
Winter faces a possible maximum sentence of 15 years in state prison for each felony charge.
The preceding report is based off of a press release from the Westchester County District Attorney.
