Miami/ Crime & Emergencies
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Published on March 22, 2024
Fort Lauderdale Man Accused as Mastermind of $460K Theft Scheme Targeting Home DepotSource: Google Street View

A Fort Lauderdale man has been pegged as the ringleader of an elaborate theft operation swindling Home Depot out of $460,000. Jereome Downing, 26, orchestrated a scheme involving phony rentals and online sales of heavy machinery, according to the Broward Sheriff’s Office.

Arrested on Tuesday and now cooling his heels in the Broward County jail, Downing is accused of duping Home Depot stores across the sunny state of Florida. The scam made use of fake names for the rental of 21 pieces of heavy equipment, which authorities say was then hawked on the internet. The accused led his crew to various stores, including those in West Park and Oakland Park, Local 10 reported.

The heist didn't go unnoticed, with Home Depot taking a financial hit to the tune of almost half a million dollars. "the scam led to a loss of $460,000 due to the theft of 21 pieces of machinery." per the law enforcement authorities. But the sting of justice might soon spread, as deputies have hinted at more arrests on the horizon.

Downing's current accommodations come courtesy of the BSO Main Jail, where he remains detained on a St. Lucie County hold, for a charge of organized scheme to defraud, according to online jail records. 

Miami-Crime & Emergencies