PARAGOULD, Ark. (KAIT) -Police arrested three Memphis men suspected of attempting to cash a fraudulent check at a Paragould bank, ending a check fraud scheme that spanned multiple Arkansas counties.
Hugo Ayrot-Quintero, Jose Teran Moncayo and Wilber Montriel-Anez are being held in the Greene County Detention Center on the following charges:
- Engaging in a continuing criminal gang, organization or enterprise, a Class B felony
- Forgery, a Class C felony
- Conduct constituting attempt, a Class A misdemeanor
On March 25, police responded to a local bank regarding a forgery attempt in progress.
When officers arrived, they found Moncayo inside the bank attempting to cash a fraudulent check while the other two men waiting in a vehicle in the parking lot. After receiving consent, police searched the vehicle.
“The search yielded two bank money sleeves containing over $4,000 cash each, lists of bank addresses in two states, transaction dates and transaction totals, two damaged checks, multiple bank receipts, and multiple debit cards,” Detective Johnathan Porter stated in the court documents.
Porter said after further conversation with the bank employees, officers determined that the cash found was from two fraudulent checks that were successfully cashed in Jonesboro earlier in the morning…