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Wednesday, December 18, 2019

Man Who Stole $88K from Bank Caught After He Posted a Photo of Himself With the Money on Social Media

Arlando Henderson, man caught after robbing bank

Charlotte, NC — Arlando Henderson, a 29-year old employee at a Wells Fargo bank in North Carolina, has been arrested after allegedly stealing $88,000 from the bank’s vault. One of the primary pieces of evidence used against him is his photo holding stacks of cash that he himself proudly posted on social media.

According to reports, Henderson systemically stole cash from the vault at least 18 times this year, gathering a total of $88,000. Most of the stolen money was apparently deposited into an ATM near the bank where he worked.

Henderson allegedly used $20,000 of the money to pay for the down payment on a new Mercedes-Benz car. Prosecutors discovered falsified bank documents he made to get a car loan from another financial institution to cover the remaining balance of the car.

Henderson reportedly also “destroyed certain documents” and he “made, or caused others to make, false entries in the bank’s books and records to cover up the theft.”

Moreover, reports said that “throughout July and August 2019, Henderson used a social media account to post several pictures of him holding large stacks of cash.” In his other posts on Facebook and Instagram, he can be seen posing beside a white Mercedes-Benz in Hollywood, California in September.

Henderson was arrested on December 4 and is facing charges of 19 counts of theft, embezzlement and misapplication, along with 12 counts of making false entries, and two counts of financial institution fraud. He could be sentenced to 30 years imprisonment and $1 million fine if convicted.

He is also charged with transactional money laundering, which carries a penalty of 10 years imprisonment and a $250,000 fine.