Former Bank of America employee accused of embezzling $1.5M, buying Porsche

A former Bank of America employee is accused of embezzling $1.5 million and using the money to buy luxury items, including a Porsche SUV. U.S. Attorney Andrew E. Lelling announced Friday that Waqas Ali, 31, of Abington, Massachusetts, formerly a client relationship manager at Bank of America, was arrested on Thursday and charged with wire fraud and money laundering. Ali was scheduled to make an appearance in federal court in Boston Thursday over videoconference. According to Lelling’s office,…