Boston bank teller embezzled $180,000. What did he spend it on? [USA TODAY]
Toronto Dominion Bank (The) (TD)
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Source: USA TODAY
A former Massachusetts bank employee pleaded guilty to stealing over $180,000 from the financial institution, federal officials announced Thursday, exploiting a rare vulnerability in the airtight world of bank security. Derek Aut - a former sandwich maker at a beloved sub shop in Revere - pleaded guilty in federal court to embezzling funds while working as a teller at a bank in Boston, the U.S. Attorney's Office said . His theft involved forging bank customers' signatures on withdrawal slips and moving money between accounts to cover his tracks, according to prosecutors. The victims were an executive who lived in Asia and a 99-year-old Bostonian, according to court filings. The nearly-century-old woman was the one who first reported Aut's theft. Aut spent most of the cash gambling at the harbor casino, the FBI said. “Banks are entrusted to safeguard their customers' hard-earned savings, and bank tellers hold a unique position of trust in handling those funds,” Leah B. Foley, th
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TD
Earnings
- 12/4/25 - Beat
TD
Sec Filings
- 12/19/25 - Form 424B2
- 12/19/25 - Form 424B2
- 12/19/25 - Form 424B2
- TD's page on the SEC website