Woman Arrested for Allegedly Stealing $200,000 from Redstone Federal Credit Union

Deundra Greer, a woman from the Tennessee Valley, is facing charges after allegedly scamming nearly $200,000 from Redstone Federal Credit Union branches. Court documents reveal that Greer purchased someone’s personal information from dark net websites and used it to obtain a driver’s license for her new identity.

Between October and December 2023, Greer visited RFCU branches posing as the individual she had stolen the identity from. She would open accounts, obtain personal loans, and make cash withdrawals using the stolen identity. Greer managed to pull off this scheme at six different locations before being caught in Fayetteville, Tennessee.

Authorities were alerted to Greer’s activities when an RFCU representative recognized her from a suspicious activity alert. She was arrested at the branch and taken to the Lincoln County Jail. Former US Attorney Jay Town noted that individuals like Greer target institutions with weak controls, allowing them to exploit loopholes for financial gain.

Town emphasized the importance of safeguarding personal information, especially sensitive details like date of birth, social security number, and bank information. He advised against sharing such information over the phone or email to prevent identity theft.

Greer is scheduled for a Change of Plea Hearing on April 24 in Huntsville. Fortunately, no Redstone members suffered financial losses due to this incident. The Fayetteville Police Department has referred all further inquiries to the FBI. As scams become more sophisticated, Town urges everyone to be vigilant and protect their personal information from falling into the wrong hands.