NASHVILLE, Tenn.  June 17 2019 A former Tennessee State University admissions worker is accused of diverting student’s federal aid money into bank accounts which he controlled.

Renauld Clayton, 31, was arrested during a sting at a Nashville bank on Friday by Metro Police officers.

Officers, posing as bank employees, said they caught Clayton using a counterfeit driver’s license and signed a withdrawal slip using a fake name.

Police searched his vehicle in the parking lot and found 9,500 in cash, a counterfeit social security card, a driver license belonging to someone else, and numerous credit/debit cards.

Police said Clayton worked for TSU admission from 2014-2015. At the same time officers arrested Clayton, he was wanted by federal authorities on an unrelated indictment accusing him of stealing from TSU students.

The school’s internal audit division started investigating students’ missing federal aid money in March 2015. Another investigation by the U.S. Department of Education found that $84,5060 had been misappropriated and that Clayton had fraudulently deposited more than $60,000 into his personal bank accounts.

TSU issued the following statement:

“The university is aware of the federal criminal investigation matter involving a former employee and will continue to cooperate with the federal authorities. Because this is a federal investigation, and due to federal student privacy laws, we are not at liberty to disclose additional information concerning this matter at this time. However, we continue to take security measures to ensure the integrity of our systems and financial aid processes, and the employee no longer works at TSU.”

Clayton is now facing local charges of attempted felony theft, criminal impersonation and criminal simulation. He is charged federally with student loan fraud, aggravated identity theft, and wire fraud.

Clayton faces a $250,000 fine and 20 years in prison if convicted.

WZTV

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