Couple Surrender in Citibank Case
BOHEMIA, N.Y. (AP) _ The owner of an armored car company alleged to have stolen millions of dollars in Citibank deposits surrendered to FBI officials Thursday.
Revere Armored Inc. owner Robert Scaretta and his wife, Susanna, turned themselves in to Melville and Suffolk County authorities, said FBI Agent Armando Palmieri.
They were to be arraigned on charges of bank fraud and theft of federally insured banks.
The case came to light Wednesday when officials raided the company to try to uncover deposits Citibank claims belong to it. Revere had notified Citibank on Tuesday that his company was closing.
U.S. Attorney Mary Jo White said Thursday that forfeiture action was being prepared against the company. The company itself was charged with fraud, theft and money laundering, White said.
According to Suffolk County Sheriff Patrick Mahoney, six officers and three Citibank lawyers Wednesday found half the $22.5 million of Citibank’s money.
Revere was in charge of collecting Citibank deposits and telling the bank the amount. Revere was also required to transport the funds to the Federal Reserve in Manhattan for deposit in Citibank’s account.
White said Revere stored money for six federally insured banks and did business in New York, Connecticut, New Jersey, Florida.