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Former Scarsdale Banker Charged in $190K Theft

Ex-Chase employee accused of taking money from 84-year-old woman's account.

Scarsdale resident and former Chase Bank employee Paulo Camilo is facing two separate felony grand larceny charges in connection with the theft of $190,000 from an 84-year-old Yonkers woman with dementia, according to police.

The 34-year-old is accused of making two $50,000 withdrawals from the woman’s account and depositing the funds into his own account while he was working at the Chase Bank in Hastings-on-Hudson between June 2007 and May 2008.

He was charged with second-degree grand larceny. 

Camilo is also accused of making two additional withdrawals of $30,000 and $60,000 from the account while he was employed at the Chase Bank in Elmsford, from April 2009 and August 2009, police said.

Elmsford Police advised Hastings Police of a problem with a bank account after the victim’s daughter recently noticed the missing funds.

Camilo is free on $2,500 bail pending a hearing.

The Elder Abuse Bureau of the Westchester County District Attorney’s Office is investigating the case.

This report was derived from information from the Hastings-on-Hudson Police Department. It does not indicate a conviction.


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Kim May 19, 2013 at 11:46 am
If this is happening in a community like Scarsdale, then as a taxpayer I am irritated. Where are allRead More the taxes going if teachers are paying for their own classroom supplies? There has to be some degree of accountability regarding our tax dollars. We are the highest-taxed county in the nation and we can't afford notebooks and post-it notes? As a community member, I am not going to "lend a hand." I already do that with my tax dollars.