Connect with us

Hi, what are you looking for?

Archive

Bank employee charged with larceny from elderly clients

Advertisement

KENT—A Webster Bank employee is facing a Feb. 27 Superior Court appearance after being accused of illegally withdrawing more than $100,000 from older customers’ accounts and transferring them to his personal accounts.

Arron Parsons, 44, who was taken into custody at his home Jan. 5, and who is charged with first-degree larceny, was held on a $160,000 cash/surety bond pending his arraignment at Torrington Superior Court Jan. 8.

Court records reveal he was released on a $25,000 bond.

A state police report said that investigation into Parsons’ activities began in June when the bank identified “unusual account activity in the form of increased cash withdrawals from the savings account of an elderly client of the Kent branch location.”

The bank reviewed the withdrawal slips and identified the handwriting as being Parsons’ and not the client’s. The bank then reviewed security footage from the transactions and determined that the client was not present at the time the withdrawals were made.

A bank representative reported the information to Kent Resident State Trooper Andrew Fisher, who was provided the security tapes.

During the investigation initiated by the bank, it was learned that between Feb. 22, 2022, and Feb. 21, 2023, Parsons made approximately 39 unauthorized withdrawals from five accounts held by five different Banking Center clients, totaling more than $100,000. 

A review of Parsons accounts revealed that from September 2022 through February 2023, he primarily made ATM and over-the-counter cash deposits to his own accounts, several of which corresponded to the amounts of unauthorized cash withdrawals he made on a particular day.

Parsons admitted to bank investigators that he made the withdrawals and identified the affected clients, according to State Police.

Parsons told investigators that he deposited the money into his own bank account for personal use.

In making his statement, Parsons reportedly indicated that he felt badly about taking the funds and intended to replace the money.

According to Parsons, on one occasion he replaced a portion of the funds taken from one client.

All five clients were contacted by bank representatives, and each confirmed that the transactions were conducted without their consent.

The affected clients were subsequently reimbursed for the unauthorized withdrawals.

 

Kathryn Boughton
Written By

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe

Subscribe to receive an email every time we publish a new edition of the GTD!

*
Advertisement

Upcoming Events

You May Also Like

Featured

KENT – Iron smelting will be done on the grounds of the Eric Sloane Museum for the first time in 132 years this weekend....

Schools

FALLS VILLAGE—This year’s valedictorian and salutatorian at Housatonic Valley Regional High School are good friends and there was no competition between them as to...

Featured

KENT—A new non-profit organization, TradesUp, has evolved from the popular Touch A Trade event held for the past two years on the grounds of...

Featured

KENT – The Kent Memorial Library invites all residents to learn about its plans for expansion Saturday, May 25, from noon to 4 p.m....

Featured

KENT—Some 200 Kent School students and 50 faculty members participated in the school’s third annual Day of OutREACH last Saturday, working at 12 locations around...