QNS/Photo by Anthony Giudice
Maspeth Federal Savings Bank on Woodhaven Boulevard remained closed on May 31, 2016, more than a week after it was burglarized for millions in valuables.

Four men have been sentenced in federal court to several years behind bars for their roles in the 2016 burglary of the Maspeth Federal Savings Bank branch in Rego Park and a similar bank heist in Brooklyn that netted them millions of dollars.

In April and May of 2016, Michael Mazzara, Charles Kerrigan, Anthony Mascuzzio and Christopher Kerrigan formed the crew that stole more than $20 million worth of cash, jewelry, collectibles and other valuables from the banks’ safe deposit boxes and vaults. The daring thieves used blow torches to cut into the top of the banks’ vaults through the roof of the buildings and took unique measures to stay out of sight during the crimes, according to the Department of Justice (DOJ).

“These defendants deprived hundreds of unsuspecting victims of their valuables, priceless heirlooms and cherished keepsakes,” said U.S. Attorney Geoffrey S. Berman. “As a result, the defendants will serve serious prison sentences. We will now be able to reunite many of the stolen items, including religious artifacts, jewelry, baseball cards and coins, with their rightful owners.”

According to the criminal complaints and indictments filed in Manhattan federal court, the four men broke into an HSBC Bank on 13th Avenue in Brooklyn on the weekend of April 8-10, 2016, and then hit the Maspeth Federal on Woodhaven Boulevard on the weekend of May 19-22, 2016. The burglars used acetylene blowtorches to get inside in both cases, but at Maspeth Federal they also built a plywood shed on the roof of the bank to shield themselves from view.

Once the crooks entered the vaults from above, they stole bundles of cash belonging to the banks and broke open customers’ safe deposit boxes. In total, the crew got away with more than $600,000 in cash and more than $20 million in valuables from the safe deposit boxes in both banks.

During the investigation, surveillance footage captured some of the men preparing for and executing the crime, and financial records and additional video footage also showed Mazzara and Mascuzzio purchasing some of the supplies that appeared to be used in the Maspeth incident.

The FBI and NYPD worked together to execute multiple search warrants in Brooklyn, Long Island and Pennsylvania and recovered many items that had been stolen from safe deposit boxes during the heists. As part of their plea deals, Mazzara and Mascuzzio agreed to return other items that had been stolen from the boxes.

In total, more than 200 items stolen from safe deposit boxes have been recovered as a result of the investigation.

Mascuzzio, 38, of Brooklyn, was sentenced on May 4 to seven years in prison and three years of supervised release.

Christopher Kerrigan, 41, of Staten Island, was sentenced on March 30 to a total prison term of more than seven years.

Mazzara, 46, of Brooklyn, was sentenced on April 13 to a total term of over 11 years in prison.

Charles Kerrigan, 42, of Brooklyn, was sentenced to the most time on April 11 after also pleading guilty to one count of witness retaliation for assaulting an individual while on pre-trial release who he believed had provided information about the burglaries to the FBI and NYPD. He was given a total term of more than 16 years in prison.

In addition to the sentences, the judge also ordered the men to forfeit more than $20 million while adjourning an order of restitution to the victims until June 28 so that a final determination of the victims’ losses can be made.

If you believe you were a victim of this crime, and you wish to provide information to law enforcement, receive notice of future developments in the case, or review and/or claim any of the stolen items that were recovered during this investigation, please contact the Victim/Witness Unit at the United States Attorney’s Office for the Southern District of New York, at 866-874-8900. 


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