Perry, FL — A North Carolina man has been arrested in connection with an alleged financial fraud scheme involving a loan worth nearly $200,000, according to the Florida Department of Law Enforcement.
FDLE agents arrested 46-year-old Keith Sanders of Raleigh, North Carolina, on one count of grand theft and one count of scheme to defraud a financial institution.
The investigation began on November 4, 2025, after the Perry Police Department alerted FDLE that Sanders had submitted a falsified loan application to Blue Coast Federal Credit Union seeking more than $198,000. Authorities said Sanders later defaulted on the loan.
According to investigators, Sanders claimed in the application that he lived in Panama City and worked in Tallahassee. He also reportedly submitted documentation for a boat title that investigators later determined did not exist.
FDLE agents obtained an arrest warrant, and Sanders surrendered to authorities at the Taylor County Jail on February 23, 2026.
Officials said the case highlights the extensive work required to investigate financial crimes that impact financial institutions and the public.
The Taylor County Sheriff’s Office and the North Carolina State Bureau of Investigation assisted in the investigation. The case will be prosecuted by the State Attorney’s Office for Florida’s Third Judicial Circuit.
Authorities say the investigation remains active.
Comments are closed, but trackbacks and pingbacks are open.