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Bank Employee Accused Of Stealing $88,000 From Vault Before Posting Pictures On Social Media

Bank Employee Accused Of Stealing $88,000 From Vault Before Posting Pictures On Social Media

Arlando Henderson, an aspiring rapper, has been charged with financial institution fraud and other related charges

Rebecca Shepherd

Rebecca Shepherd

An aspiring rapper has been accused of stealing $88,000 (£66,000) from a bank vault he was employed to look after - before allegedly posting pictures on to social media posing with wads of cash.

Arlando Henderson was arrested by the FBI in San Diego, California, and has now been charged with financial institution fraud and other related charges.

Police believe that the 29-year-old stole more than $88,000 in cash from the vault of Wells Fargo and then committed a separate loan fraud in connection with the purchase of a luxury Mercedes Benz.

Henderson is believed to have purchased a Mercedes Benz unlawfully.
Facebook

According to the allegations, Henderson was employed by a financial institution in Charlotte, North Carolina, and had access to the cash vault.

It is claimed that on at least 18 occasions in 2019, Henderson stole cash from deposits made by bank customers from the bank vault, and used the money to pay for personal expenses and to make a large cash down payment on a luxury vehicle.

On numerous days it's alleged that he also made cash deposits at an ATM near his workplace. It is further alleged in the indictment that Henderson destroyed certain documents and made, or caused others to make, false entries in the bank's books and records to cover up the theft.

The indictment also says that throughout July and August 2019, Henderson used a social media account to post several pictures of him holding large stacks of cash.

Henderson posing with wads of cash.
Facebook

On or about July 2019, after Henderson had allegedly stolen more than $70,000 (£52,500) in cash from the bank vault, Henderson made a $20,000 (£15,000) cash down payment on a 2019 Mercedes-Benz, and obtained a car loan for the remaining balance from another financial institution, by providing false information and falsified documents, including falsified bank statements.

FBI agents arrested Henderson in San Diego on 4 December 2019 and charged with two counts of financial institution fraud, 19 counts of theft, embezzlement and misapplication, and twelve counts of making false entries, which carry a maximum penalty of 30 years in prison and a $1,000,000 fine, per count; and transactional money laundering, which carries a penalty of 10 years in prison and a $250,000 fine.

Henderson is charged with financial institution fraud.
Facebook

According to the MailOnline, Henderson is an aspiring recording artist who performs under the stage name 'Aceey4oez'.

The publication also reported how two days before his arrest, Henderson shared a selfie showing him grasping a stack of bills alongside the caption: "I make it look easy but this s**t really a PROCESS."

Henderson is due back before the court for another hearing on 17 December.

Featured Image Credit: Facebook

Topics: Police, News, US News, crime, US