BATON ROUGE, La. (WAFB) – A 29-year-old Baton Rouge man has been charged with theft over $25,000, bank fraud, and illegal transmission of monetary funds in connection with a scheme that defrauded Neighbors Federal Credit Union of $158,444, according to an arrest warrant affidavit.
Kerington Jermani Briscoe was charged Aug. 14 following an investigation by the East Baton Rouge Sheriff’s Office Financial Crimes Division, according to court documents.
How the scheme worked
The fraud began May 5 when Neighbors FCU members received text messages claiming to be from the credit union asking if they had performed certain transactions, according to the arrest warrant affidavit. When members replied no, they received follow-up calls from someone claiming to be with the credit union’s fraud department, the affidavit states. The callers allegedly asked questions and eventually obtained the members’ online banking login credentials…