Authorities Bust Durham Check Fraud Ring
Posted April 24, 2001
DURHAM, N.C. — Investigators from several police agencies broke up a major check fraud ring in Durham.
Roscoe Howard Small is accused of opening bank accounts and using the account numbers on checks with the names of bogus businesses. Police say he then recruited dozens of people to cash the checks.
Investigators say this case provided stores with an important lesson.
"They are changing policies, especially the policy of cashing checks on weekends, business checks and after 5 p.m.," says Denny Schlindwein of the U.S. Secret Service. "They're coming to realize that's usually when the damage occurs."
Five people, including Small, were charged with federal crimes. Local police agencies have warrants out for 30 other people. More arrests are expected.