A former bank employee was sentenced yesterday in federal court in Worcester in connection with embezzling money from client accounts held by the bank by which she was employed.

Jessica Vargas, 35, of Athol, was sentenced to 30 days in prison and two years of supervised release. Vargas pleaded guilty to one count of bank fraud and two counts of bank embezzlement in February. Vargas was charged by criminal complaint and arrested in March 2018.

Vargas was an employee of Athol Savings Bank when she embezzled approximately $108,000 by making unauthorized cash withdrawals from customer accounts. Bank documentation showed that Vargas made unauthorized withdrawals from the accounts of various customers, including more than $53,000 from the account of an 84-year-old bank customer and almost $13,000 from the account of an 88-year-old customer.

Former Athol Savings Bank Employee Sentenced for Embezzlement

by Banker & Tradesman time to read: 1 min
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