GWINNETT COUNTY, Ga. — A former Gwinnett County bank employee is facing charges for his part in a fraud scheme that cost a bank more than $2.5 million.
In October, an employee at Fifth Third Bank on Holcomb Bridge Rd. called 911 to report that another employee, 33-year-old Fedrick Jeffries, had been stealing money from the bank and opening fraudulent accounts.
Investigators learned that between May and October 2024, Jeffries had opened five checking accounts and gotten an unsecured loan of $24,500.
[DOWNLOAD: Free WSB-TV News app for alerts as news breaks]
They say Jeffries would then deposit stolen and forged checks into those accounts.
Other suspects would come into the bank while Jeffries was working and given him stolen identity information to create fraudulent accounts. Those people were then given online access to the accounts.
Fifth Third Bank found another employee who was opening fraudulent accounts in West Palm Beach, Florida.
Between Jeffries and the second suspect, $2,636,019.06 was stolen from the bank.
TRENDING STORIES:
- Wife of man arrested by ICE says agents were waiting outside their church in Tucker
- JOB ALERT: You can get hired on the spot at the airport today. Here’s how
- DJ Unk’s wife reveals his cause of death
Jeffries has been charged with seven counts of identity theft, five counts of computer forgery and one count of theft by taking.
He was arrested on Sunday and booked into the Gwinnett County Jail. According to jail records, he was released a few hours later on a $52,650 bond.
[SIGN UP: WSB-TV Daily Headlines Newsletter]
©2025 Cox Media Group
