Agents of the S.C. Law Enforcement Division arrested a Dillon County woman Monday in connection with nearly $16,000 in funds diverted from the woman’s employment for personal use.
Denise Michelle Hayes, 38, was charged with Breach of Trust with Fraudulent Intent, value $10,000 or more.
The warrant alleges that “on June 1, 2016 through October of 2016, in the county of Dillon, one Denise Michelle Hayes was employed by the Security Finance Company in Latta, SC. Part of Hayes’ responsibility was to approve and facilitate new loans and renew existing loans. Between the dates of June of 2016 through October 2016, Hayes renewed thirty-two existing loans in various amounts under the five hundred dollar threshold thus allowing Hayes to disburse these funds in the form of cash directly from funds provided by Security Finance Company. Security Finance Company management proved these loans to be falsified transactions as a result of an internal audit and statements collected by managers of Security Finance Company. Additionally, it was determined that Hayes used current customers information to falsify the renew loans whereas none of these renewed loans were approved by customers of Security Finance Company. Hayes, thereby, converted $15,990.00 of Security Finance Company funds to her own personal use.”
The request for the SLED investigation was made by the Latta Police Department.
Hayes was booked at the Dillon County Detention Center.
The case will be prosecuted by the Fourth Circuit Solicitor’s Office.
