SEEKONK — A man arrested last month for allegedly using about two dozen different credit cards to steal nearly $1 million from several Santander Bank branches is free on a $10,000 unsecured bond.

Dean Emmanuel Colin, 26, of Miami, was released from federal custody with an electronic monitoring bracelet following a hearing Monday in U.S. District Court in Providence, according to court records.

Colin was arrested May 23 by Seekonk police at the Santander Bank on Central Avenue and faces federal charges of access device fraud and conspiracy to commit access device fraud. He faces up to 15 years in prison, if convicted.

Colin is accused of participating in what federal authorities call a “cashout scheme,” in which individuals use stolen or compromised bank or credit card company account numbers on encoded ATM cards, credit cards or gift cards to withdraw large sums of currency from ATMs.

The Secret Service is investigating the case. According to an agent’s affidavit, nearly $1 million was fraudulently obtained from Santander ATM machines in Rhode Island, Massachusetts, Connecticut, New York, and New Jersey.

Colin also faces related state charges filed by Seekonk police in Taunton District Court and Warwick police in Providence District Court.

Under the terms of his release, Colin must obey several conditions, including surrendering his passport, cooperating in the collection of DNA and maintaining a job. He is also required to live with his mother in Miami, obey a curfew and submit to drug and alcohol testing, according to court records.

David Linton may be reached at 508-236-0338.

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