Overview

• Acosta faces 30 counts of grand larceny, identity theft and scheming to defraud for allegedly stealing $87,000 from 14 senior Wells Fargo clients between March 2024 and June 2025.
• Prosecutors allege he exploited his role as a branch operations manager in Rye Brook to withdraw funds without authorization and continued the scheme after joining the NYPD in May.
• Court documents reveal he used the misappropriated money for BMW and credit card payments, an Aruba vacation, Airbnb stays and a subscription to a glute-building program.
• The incident has intensified scrutiny of NYPD hiring practices and highlighted vulnerabilities in banking safeguards for elderly customers.
• He is scheduled to appear in Rye City Court on September 30 to face the 30-count complaint.