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Thursday, December 19, 2019

Arlando's Folly

     Over a period of several months in 2019, 29-year-old Arlando Henderson stole $88,000 in cash from the vault of the Charlotte, North Carolina bank that employed him. In July and August 2019, Henderson posted photographs of himself holding stacks of bills on Facebook and Instagram. He accompanied one of his Facebook cash-holding photographs with the caption: "I make it look easy but this shyt is really a PROCESS." In another Facebook posting Henderson talked about building his "brand."

     Arlando Henderson used $20,000 of the bank's money to make a downpayment on a Mercedes-Benz. He also posted photographs of himself standing next to the white luxury car. Henderson deposited the rest of the money in an ATM near the bank he stole it from.

     To acquire funds to pay the balance of his car loan, Henderson falsified loan documents.

     On December 4, 2019, after being charged federally with two counts of financial fraud, 19 counts of bank embezzlement, and one count of money laundering, FBI agents in San Diego, California took Arlando Henderson into custody.

     If convicted as charged, Henderson faced up to ten years in prison and a $250,000 fine. 

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