Arrest Made In Organized Financial Crime Scheme

by Roger Murphy
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Abdul M Arnold

FLORENCE-On Friday, February 26 the Florence Police Department released a statement concerning the arrest of a suspect wo has been charged with Theft 1st Degree and 49 counts of possession of a forged instrument 3rd:

“On January 12, 2021, we received a report of a male conducting an organized financial crime scheme where numerous forged checks were deposited into numerous accounts at a Shoals area credit union.  Multiple branches were used and over $16,000 was taken.

  Detective Justin Wright was able to connect video obtained by the credit union to identify the perpetrator as Abdul M Arnold of Florence.

  Warrants were obtained and Arnold was arrested on February 25, 2021, for Theft of Property 1st degree and 49 counts of Possession of a Forged Instrument 3rd degree.  Arnold is currently incarcerated on a $79,000 bail.”

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