Raleigh Man Accused Of Obtaining $230,000 Loan For Nonexistent Boat

RALEIGH – A 46-year-old Raleigh man has been arrested after investigators say he obtained approximately $230,000 from a Florida financial institution to purchase a boat that did not exist.

Keith Sanders was arrested November 9 by agents with the North Carolina State Bureau of Investigation on warrants issued by the Florida Department of Law Enforcement (FDLE).

Sanders is charged with first-degree grand theft and second-degree providing false information to a financial institution…

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