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Ex-banker from Chelsea gets 2 years in funds theft

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A former Bank of America personal banker was sentenced to two years in prison and must pay $126,445 in restitution after pleading guilty Monday to stealing from an elderly man and hiding her income to receive rent subsidies, said Suffolk District Attorney Daniel F. Conley’s office. Before her January indictment, Eden Cato, 29, of Chelsea issued herself a debit card linked to a 73-year-old customer’s account, using it to steal more than $103,000 in 173 ATM withdrawals over nine months, Conley’s office said. Cato also failed to report her income starting in June 2010 to receive rent subsidies, paying as little as $9 per month for her Chelsea apartment, said Conley’s office.

Jaclyn Reiss can be reached at
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