CONCORD, NEW HAMPSHIRE – Sheri Guerriero, a 23-year-old resident of West Townsend, Massachusetts, has been convicted of bank fraud.

During a court hearing yesterday, Guerriero admitted that she stole more than $400,000 from TD Bank North while working as a teller at one of the bank’s branch offices in Nashua. Guerriero also acknowledged that she stole the money from her teller drawer over a 3-year period in increments of $100 to $3,000 and that she submitted documents to the bank that made it appear as though the money was legitimately debited to the bank’s general ledger account.

The maximum penalties for bank fraud, 30 years in jail and a fine of $1 million, are not likely to be imposed when Guerriero is sentenced by Judge Barbadoro on September 28, 2006.

After today’s court hearing U.S. Attorney Colantuono said, “The theft of money from any entity or individual is a serious offense. I hope that the successful prosecution of this case and others like it will serve to deter others from engaging in similar conduct.”

U.S. Attorney Colantuono thanked Special Agent in Charge of the Boston Division of the Federal Bureau of Investigation Kenneth W. Kaiser for his agency’s assistance in this case.