Two Pensacola bank employees arrested on fraud, identity theft charges
PENSACOLA, Fla. March 8, 2022- Two Pensacola bank employees are charged with fraud and identity theft.
FDLE agents arrested Tiwuan Williams, 26, and Stephon Pugh-Davis, 27, both of Pensacola, for:
scheme to defraud
criminal use of personal identification information
unlawful use of a two-way communication device
conspiracy to commit a felony
FDLE states the investigation began in June 2021 when “a local financial institution reported suspected internal fraud being committed by employees Williams and Pugh-Davis.”
According to FDLE, agents discovered that Williams recruited other employees — including Pugh-Davis — to provide him with customer account details in order to facilitate fraudulent transfers into money mule accounts.
“The investigation showed that Williams attempted to facilitate the transfer of more than $165,000 through more than 30 victim accounts, while Pugh-Davis assisted with more than 20 of the fraudulent transfers,” the release states.
Williams was arrested last Friday, while Pugh-Davis was arrested Monday morning.
Each was booked into the Escambia County Jail on a $300,000 bond.
