COLUMBUS, Ga. — A second person has been arrested for stealing hundreds of thousands of dollars from a Georgia credit union.
On Saturday, July 6, Demetrius Redding was arrested by the Columbus Police Department’s Special Operations Unit and charged with four counts of third-degree forgery and four counts of criminal attempt theft by deception.
Police say Redding deposited four stolen checks totaling $480,142.91 with the help of Steven Verrett, a former employee of Navy Federal Credit Union.
[DOWNLOAD: Free WSB-TV News app for alerts as news breaks]
Verrett was arrested on May 28, 2024, as a result of the same fraud investigation.
Police said that as an employee, Verrett used legitimate customers as cover while he deposited counterfeit checks, opened fraudulent vehicle loans, and funneled money to himself and others.
The first five checks reported stolen from the mail totaled over $800,000.
Police said the case remains under investigation and more arrests are expected.
TRENDING STORIES:
- GA 2-year-old dead after shooting himself as parents shopped for fireworks in Walmart parking lot
- Social media erupts after Marjorie Taylor Greene posts about signers of Declaration of Independence
- Family says SC man who died after setting firework off on his head was celebrating favorite holiday
[SIGN UP: WSB-TV Daily Headlines Newsletter]
IN OTHER NEWS:
©2024 Cox Media Group