GWINNETT COUNTY, Ga. – Fedrick Jeffries, a former employee at Fifth Third Bank in Gwinnett County, has been arrested in connection with a multi-state fraud operation involving multiple bank accounts. Jeffries faces seven counts of identity theft, five counts of computer forgery, and one count of theft by taking.
The investigation began on October 29, 2024, after a bank employee contacted 911 to report suspicions that Jeffries had opened fraudulent accounts and stolen money while employed at the bank. After his termination, investigators learned that between May and October 2024, Jeffries opened five checking accounts and a $24,500 unsecured loan.
Authorities say Jeffries used the accounts to deposit stolen and forged checks provided by unidentified individuals. One other suspect allegedly linked to the fraud scheme is associated with accounts in West Palm Beach, Florida.
The total financial loss from the operation is estimated to exceed $2.3 million. However, police have not disclosed the identities of additional suspects or the victims involved.
Gwinnett County investigators are urging anyone with information about the case to contact detectives at (770) 513-5300 or Crime Stoppers at (404) 577-8477.