Rockland Bank Manager Pleads Guilty to Stealing More than $700,000 from Accounts at Hudson City Savings Bank – 28 August, 2009 – PREET BHARARA, the United States Attorney for the Southern District of New York, and JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Office of the
Federal Bureau of Investigation (“FBI”), announced that MILAGROS
RODRIGUEZ pleaded guilty yesterday in White Plains federal court
to stealing hundreds of thousands of dollars from customer
accounts at Hudson City Savings Bank. According to the
Information to which RODRIGUEZ pleaded guilty, statements made
during the plea proceeding, and other documents publicly filed in
the case:

From approximately April 2002 through March 2009,
RODRIGUEZ, who was employed as a teller and later as a branch
manager with Sound Federal Savings and Loan Association (“SFSLA”)
in New City, New York, and then with Hudson City Savings Bank
(“HCSB”) after HCSB acquired SFSLA, embezzled more than $700,000
from the accounts of customers at the bank.

RODRIGUEZ surrendered on April 8, 2009, and pleaded
guilty yesterday, before United States District Judge CATHY
SEIBEL, to one count of embezzling bank funds. RODRIGUEZ faces a
maximum sentence of 30 years in prison; a fine of $1 million or
twice the gross gain or loss from the offense; and mandatory

RODRIGUEZ, 40, resides in Garnerville, New York.
Judge SEIBEL set sentencing for December 18, 2009, at
2 p.m.

Mr. BHARARA praised the investigative work of the FBI
and thanked the Rockland County District Attorney’s Office.
This case is being prosecuted by the Office’s White
Plains Division. Assistant United States Attorney JOHN P.
COLLINS, JR. is in charge of this prosecution.

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