A Home Depot employee has been arrested for swapping out $387,500 of the store’s cash with counterfeit money, the U.S. Secret Service said in a news release Friday.
Adrian Jean Pineda worked as a vault associate in a store in Tempe, Arizona — where he was responsible for preparing cash from registers for bank deposits, a process that included counting cash and sealing cash bags for transfer and deposit to a Wells Fargo bank.
The Home Depot store reported losing $387,500 between January 2018 to January 2022 due to receiving counterfeit notes in their cash deposits, the U.S. Secret Service said.Agents from the U.S. Secret Service office in Phoenix arrested Pineda on Monday and seized $5,000 in counterfeit money and recovered $5,300 in genuine currency, according to the news release. Agents recovered an additional $22,000 in genuine currency while conducting a search warrant on Pineda’s home.
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