Second arrest made in Georgia credit union fraud case, police say suspect stole nearly $500K

COLUMBUS, Ga. — Action News Jax’s sister station WSB-TV reported that a second person has been arrested for stealing hundreds of thousands of dollars from a Georgia credit union.


On Saturday, July 6, Demetrius Redding was arrested by the Columbus Police Department’s Special Operations Unit and charged with four counts of third-degree forgery and four counts of criminal attempt theft by deception.

Police say Redding deposited four stolen checks totaling $480,142.91 with the help of Steven Verrett, a former employee of Navy Federal Credit Union.

Verrett was arrested on May 28, 2024, as a result of the same fraud investigation.

CLICK HERE for the full story by WSB-TV.

Read: Attorneys step in after man claims home was stolen by fraudulent deed

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