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New Canaan Bank Employee Accused Of Embezzlement Turns Himself In

West Haven City Councilor Stephen DeCrescenzo turned himself in on Friday on charges of embezzling more than $170,000.
West Haven City Councilor Stephen DeCrescenzo turned himself in on Friday on charges of embezzling more than $170,000. Photo Credit: File

NEW CANAAN, Conn. -- Former New Canaan bank employee and West Haven City Councilor Stephen DeCrescenzo turned himself in to authorities after a warrant was issued for arrest on charges of embezzling more than $170,000 , according to ctnews.com.

DeCrescenzo was charged with two counts of first-degree larceny and was unable to post $300,000 bond Friday morning, ctnews.com reported.

He is accused of embezzling the money from the Chase Bank branch in New Canaan while he worked there.

Read the full story here.

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