Thea Digiammerino

Bank Manager Sentenced After Embezzling $879K

A former bank manager who pleaded guilty to embezzling hundreds of thousands of dollars from his employer has been sentenced to 21 months in prison, according to the U.S. Attorney’s Office.

According to court documents, 60-year-old Stephen Carbonella, of Hamden, withdrew $879,016.48 from approximately 20 CD accounts at Webster Bank between 2003 and 2017 while he was working as a bank manager at the Orange branch office.

He also tried to conceal the crime by forging signatures and falsifying documents, according to the U.S. Attorney’s Office.

Carbonella was sentenced Tuesday to 21 months in prison, followed by three years of supervised release. He is due to report to prison on Jan. 29.

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