A former Waldoboro branch manager for Camden National Bank was sentenced to 33 months in federal prison and ordered to pay more than $600,000 in restitution, in US District Court in Portland on June 28.
Christina Torres-York, 40, of Warren, pleaded guilty to one count of embezzlement and misapplication of funds on Jan. 11.
The sentencing hearing took place over the course of two days, June 23 and June 28. Her sentence will begin on July 29. After she serves her 33-month sentence, she will face five years of supervised release.
According to an affidavit filed with Knox County Court on Feb. 8, 2010, by Danny Swindler, Vice President of Camden National Bank, Torres-York is reported to have embezzled about $750,000 from customers’ accounts. Swindler’s affidavit was part of a lawsuit Camden National Bank filed against Torres-York.
Embezzlement carries a maximum sentence of 30 years in prison and a $1 million fine, plus restitution payments. Although Torres-York’s guilty plea carried no binding agreement as to her sentence, she agreed to waive her right to appeal her sentence as long as she received no more than 33 months in prison, US District Judge George Singal said at the Jan. 11 hearing.
At the sentencing hearing, Judge D. Brock Hornby ordered Torres-York to pay $625,013.29 in restitution. That amount is split between Camden National Bank ($595,308.29) and Maine Contractors and Builders Alliance ($29,705). She will not face any fines other than a $100 court fee, because Hornby found that she is unable to pay any fines beyond the restitution payments, court officials said.
Torres-York also faces two civil lawsuits: one filed by Camden National Bank, and one filed by the Maine Contractors and Builders Alliance, from whom Torres-York allegedly took about $80,000. In separate court decisions, liens of $750,000 and $80,000 respectively have been placed on Torres-York’s property in response to those suits.
The court has not made a decision in either of those suits, Knox County Court officials said.