A former employee of a Newington bank has been arrested on federal charges, accused of stealing more than $100,000 from bank customers and diverting bank statements.
According to the U.S. Attorney’s office, Alexander Alvarez, 32, of East Lyme, is accused of stealing $100,806.85 from one bank customer and $11,137.01 from a second bank customer between December 2012 and May 2013, while he was a bank employee.
Federal documents don’t state what bank Alvarez worked for, but say he targeted accounts with little bank activity and changed the mailing addresses on them so the owners would not discover the activity, officials said.
He then created fake transfer slips to move money to dormant accounts or to accounts he had control over, then withdrew the money or transferred it to his own account, officials said.
A grand jury handed down an indictment on Tuesday, charging him with two counts of bank fraud.
Alvarez was arrested on Wednesday, appeared in court in Bridgeport and is detained.
A detention hearing is scheduled for Oct. 24.
