COLUMBUS, Ga. (WRBL) — A second arrest has been made in an ongoing fraud investigation involving Navy Federal Credit Union.
Demetrius Redding, 46, was arrested on Saturday, July 6 by the Columbus Police Department’s special operations unit. Warrants were initially issued for his arrest on Tuesday, July 2.
According to CPD, Redding allegedly deposited four stolen checks totaling in $480,142.91 with help of Steven Verrett, who was arrested in late May. Verrett is a former Navy Federal Credit Union employee who is accused of depositing counterfeit checks worth more than $800,000.
Redding faces four counts of third degree forgery and four counts of criminal attempt theft by deception.
The case is still under investigation and police say more arrests are expected.