Leah B. Foley United States Attorney for the District of Massachusetts | Department of Justice
Two Massachusetts residents have been charged and arrested in connection with an alleged scheme to defraud banks in the state, according to federal authorities.
William Shaw, 67, of Boston, faces four counts of bank fraud and four counts of aggravated identity theft. Rosemary Parks, 59, of Hopkinton, has been indicted on three counts each of bank fraud and aggravated identity theft.
Prosecutors allege that between December 2022 and March 2025, Shaw impersonated at least 11 bank customers using fake driver’s licenses containing real customer information but his own photograph. He is accused of presenting withdrawal slips with customer names and account numbers to bank tellers and withdrawing more than $674,000 from accounts via cashier’s checks and cash withdrawals.
Parks is accused of similar conduct between August 2024 and October 2024. Authorities say she allegedly impersonated at least eight bank customers and withdrew over $536,000 from their accounts using the same methods.
The indictment follows a related investigation in July 2025 when six men were charged in a multi-million-dollar scheme targeting banks across Massachusetts, Connecticut, and Rhode Island.
Bank fraud charges carry potential penalties of up to 30 years in prison, five years supervised release, and fines up to $1 million or twice the gross gain or loss. Aggravated identity theft carries a mandatory two-year prison sentence consecutive to any other sentence imposed. Sentencing will be determined by a federal district court judge according to U.S. Sentencing Guidelines.
United States Attorney Leah B. Foley announced the charges along with Ted E. Docks, Special Agent in Charge for the FBI’s Boston Division; P.J. O’Brien, Special Agent in Charge for the FBI’s New Haven Division; as well as law enforcement agencies from Connecticut State Police; Glocester (RI) Police Department; Sutton Police Department; Concord (MA) Police Department; Dracut Police Department; Westwood Police Department; and Abington Police Department. Assistant U.S. Attorney Kristen Kearney is prosecuting the case.
Authorities emphasize that all details contained in charging documents are allegations and that both defendants are presumed innocent until proven guilty beyond a reasonable doubt in court.
