Former Bank Employee Charged With Embezzling Nearly $1 Million

41-Year-Old Former Santander Bank Employee Charged Stealing Nearly $1 Million From Bank Customer

Wednesday, July 10, 2024, 9:15 A.M. ET. 2 Minute Read, By Art Fletcher: Englebrook Independent News,

MOUNT HOLLY, NJ.- Yesterday, a 41-year-old Bordentown Township, New Jersey man and a former employee at the Mount Holly branch office of Santander Bank was taken into custody and jailed following being charged in connection with an embezzlement scheme.

     Agha Hasan, 41, of Bordentown Township, New Jersey, was formally charged with second-degree Theft by Deception; second-degree Computer Criminal Activity; second-degree Misapplication of Entrusted Property; three counts of third-degree Failure to File New Jersey Tax Returns; five counts of third-degree Failure to Pay Income Tax; and two counts of third-degree Filing False Returns.

     Hasan has been accused of allegedly stealing $998,188 from a Santander Bank customer over a period of six years.

     Hasan was taken into custody Tuesday morning, July 9, 2024, at his Bordentown Township residence. Following being processed on the charges, Hasan was remanded to the Burlington County Jail pending future court proceedings in Burlington County Superior Court in Mount Holly, New Jersey. The Burlington County Prosecutor's Office has filed a motion to have Hasan detained pending trial.

     The charges stem from an investigation that unfolded last year after Santander Bank fraud investigators contacted the Mount Holly Police Department and the Burlington County Prosecutor's Office about questionable and deceptive conducted and overseen by Hasan, who had been recently terminated from his employment at the Mount Holly branch office.

     During the investigation, Detectives determined that Hasan, who had been employed at the bank since 2014, befriended the customer and gained his trust by offering to help with monthly bill payments, ultimately betraying the customer's trust.

     Detectives further uncovered that as the relationship with the customer grew, Hasan would visit the customer's residence and obtain blank checks that the customer signed, as well as have the customer approve wire transfers. Hasan also used the customer's account to make large cash withdrawals and disbursements.

     During the six years, Hasan used the customer's funds toward personal expenses and business ventures he was interested in, including the management and operation of gas stations, car washes, and convenience stores. 

     The money was also used to broker and finance real estate transactions, as well as to operate a consulting business, Delval Consultants, L.L.C.

"The rules of the court require us to include a statement, that states: The charges outlined in this publication are merely accusations and the defendant and or defendants are presumed innocent unless and until proven guilty beyond reasonable doubt."

FILED UNDER: JULY 10, 2024: LAW, LOCAL, BURLINGTON: