Alleged $750K bank scam leads to charges

A Mississippi man is facing theft and forgery charges after allegedly conning a Hendersonville bank out of $750,000.

According to court records, Marion Undrell Threatt, 52, of Olive Branch, Miss., obtained a business loan in September 2025 from the East Main Street branch of Volunteer Bank in Hendersonville. Threatt reportedly provided a Certificate of Liability Insurance and other business and personal documents to help secure the loan.

After the funds were deposited into a checking account, Threatt reportedly made six payments of $15,429.59 each, with the last payment made in April 2026. After that, the remaining funds – just over $657,000 – were reportedly withdrawn entirely from the account and Threatt allegedly told bank officials he was in Africa. Bank officials reportedly had been unable to contact Threatt since April…

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