Man Hired By Wells Fargo to Secure Vaults Steals $88,000

A man has been accused of stealing $88,000 from Wells Fargo while manning the bank’s cash vault in North Carolina, only to flaunt the money on his social media pages.

The aspiring rapper apparently had a taste for expensive clothes, jewelry, and stacks of $100 bills, as displayed in numerous pictures across his social media.

According to the Daily Mail, Arlando Henderson was indicted on 34 counts of financial institution fraud, theft, embezzlement and misapplication, making false entries and money laundering.

The Indictment also says he used a portion of the stolen cash to buy a 2019 Mercedes-Benz, and falsified bank statements to get a car loan.

Henderson was arrested by FBI agents in San Diego last week. Court documents revealed that during his employment at a Wells Fargo branch in Charlotte, which began in April 2019, cash from deposits made by bank customers from the vault was stolen on 18 different occasions, in which he had access as part of his job.

The thefts began two months into his tenure at the bank, Henderson allegedly began pocketing relatively small amounts of money, and then began pilfering larger amounts as he gained more confidence. His alleged theft culminated with a one-time theft of $13,450 in cash in mid-July, according to the indictment cited.

Henderson reportedly used the misbegotten money for personal expenses and to make a large cash down-payment on a luxury car, according to a statement from the US Department of Justice.

The indictment also points out, that between July and August 2019, Henderson used his Facebook and Instagram accounts to post photos showing large stacks and “fans” of $100 bills.

Henderson is due in court on December 17th.