Malden Woman Pleads Guilty to Stealing Social Security Benefits and Bank Embezzlement

From the U.S. Attorney’s Office, District of Massachusetts:

BOSTON – A Malden woman pleaded guilty today to stealing Social Security benefits and embezzling over $27,000 from a bank.  

Materesa Jose, 53, pleaded guilty to one count of theft of public funds and one count of bank embezzlement. U.S. District Court Judge Leo T. Sorokin scheduled sentencing for June 9, 2021. Jose was indicted in August 2020. 

While an employee of Eastern Bank, Jose stole approximately $27,605 from the bank, some of which consisted of Social Security benefits, from September 2017 through July 2018.  The account from which she stole the money belonged to an individual who had died in 2015.

The charge of theft of public funds provides for a sentence of up to 10 years in prison, three years of supervised release and a fine of $250,000 or twice the gross gain or loss, whichever is greater. The charge of bank embezzlement provides for a sentence of up to 30 years in prison, five years of supervised release and a fine of $250,000 or twice the gross gain or loss, whichever is greater. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors.

United States Attorney Andrew E. Lelling; Tonya Perkins, Special Agent in Charge of the Social Security Administration, Office of Inspector General, Office of Investigations, Boston Field Division; and William S. Walker, Acting Special Agent in Charge of Homeland Security Investigations in Boston made the announcement today. Special Assistant U.S. Attorney Karen Burzycki of Lelling’s Major Crimes Unit is prosecuting the case.

BOSTON – A Malden woman pleaded guilty today to stealing Social Security benefits and embezzling over $27,000 from a bank.  

Materesa Jose, 53, pleaded guilty to one count of theft of public funds and one count of bank embezzlement. U.S. District Court Judge Leo T. Sorokin scheduled sentencing for June 9, 2021. Jose was indicted in August 2020. 

While an employee of Eastern Bank, Jose stole approximately $27,605 from the bank, some of which consisted of Social Security benefits, from September 2017 through July 2018.  The account from which she stole the money belonged to an individual who had died in 2015.

The charge of theft of public funds provides for a sentence of up to 10 years in prison, three years of supervised release and a fine of $250,000 or twice the gross gain or loss, whichever is greater. The charge of bank embezzlement provides for a sentence of up to 30 years in prison, five years of supervised release and a fine of $250,000 or twice the gross gain or loss, whichever is greater. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors.

United States Attorney Andrew E. Lelling; Tonya Perkins, Special Agent in Charge of the Social Security Administration, Office of Inspector General, Office of Investigations, Boston Field Division; and William S. Walker, Acting Special Agent in Charge of Homeland Security Investigations in Boston made the announcement today. Special Assistant U.S. Attorney Karen Burzycki of Lelling’s Major Crimes Unit is prosecuting the case.