REHOBOTH BEACH, Del.- Delaware State Police say the owner of a Rehoboth Beach business is facing theft and related charges in connection with a check cashing scam.
Police say that last week Wilmington Trust Bank fraud officials contacted police to report a check cashing scam, referred to as "kiting." This term refers to incidents where two or more banks are involved and an individual deposits checks into both accounts to inflate the balance, and then withdraws the money prior to the check being returned from the other bank as non-sufficient funds.
In this case, police say investigators worked in conjunction with officials from Wilmington Trust Bank, to determine that 47-year-old Randy L. Wroten of Bridgeville had cashed deposited four checks from his business, Midway Carpet. Police say Wroten was using two established accounts, one at Wilmington Trust and the other at PNC Bank.
Investigators say that from June 3-8, Wroten conducted four transactions and accumulated approximately $26,488.36 in money.
Wroten was charged Friday, Oct. 22 with four counts of theft by false pretense over $1,000 (felony). He was released on $4,000 unsecured bond pending a trial date.