Massachusetts man and woman accused of posing as customers at banks in the Bay State raking in over $1 million from accounts

BOSTON – A Massachusetts man and woman have been charged and arrested in connection with a scheme to defraud banks in Massachusetts.

According to a release from the Massachusetts Department of Justice, William Shaw, 67, of Boston, was indicted on four counts of bank fraud and four counts of aggravated identity theft. 

Rosemary Parks, 59, of Hopkinton, was indicted on three counts of bank fraud and three counts of aggravated identity theft. 

According to the charging documents, from at least December 2022 through at least March 2025, Shaw allegedly impersonated at least 11 bank customers, and between at least August 2024 through at least October 2024, Parks allegedly impersonated at least eight bank customers. Shaw and Parks allegedly used fake driver’s licenses with the customers’ information but their own photos and presented bank tellers with withdrawal slips that listed the customers’ names and account numbers. While posing as real bank customers, Shaw allegedly withdrew more than $674,000, and Parks allegedly withdrew more than $536,000, from the customers’ accounts in the form of cashier’s checks and cash withdrawals.

In July 2025, six men were charged as part of related investigation into a multi-million-dollar scheme to defraud banks in Massachusetts, Connecticut and Rhode Island.

The charge of bank fraud provides for a sentence of up to 30 years in prison, five years of supervised release and a fine of $1 million or twice the gross gain or loss, whichever is greater. The charge of aggravated identity theft carries a mandatory two year prison sentence consecutive to any sentence received on the other charges. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

United States Attorney Leah B. Foley; Ted E. Docks, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; and P.J. O’Brien, Special Agent in Charge of the Federal Bureau of Investigation, New Haven Division made the announcement. Valuable assistance was provided by the Connecticut State Police, the Glocester (RI) Police Department, the Sutton Police Department, the Concord (MA) Police Department, the Dracut Police Department, the Westwood Police Department and the Abington Police Department. Assistant U.S. Attorney Kristen Kearney of the Securities, Financial & Cyber Fraud Unit is prosecuting the case.

            The details contained in the charging document are allegations. The defendants are presumed to be innocent unless and until proven guilty beyond a reasonable doubt in the court of law.