COVINGTON - A man identified as the "on-site manager" of Sears on U.S. Highway 278 has been arrested and charged with theft by conversion, according to the Covington Police Department.
CPD spokesman Lt. Wendell Wagstaff confirmed that Timothy Scott Henderson, 39, of 50 Fairwinds Drive, was arrested following his admission to officers that he had committed fraudulent transactions amounting to $2,208.18.
Henderson allegedly admitted that he had been making fraudulent refunds in exchange for gift cards, amounting to $1,888.18. He also allegedly admitted to making "a few voids for cash," which totaled $320.
"Evidently red flags went up when he kept getting those gift cards," Wagstaff said.
According to a CPD incident report, officers were called to the store by the manager, who told them Henderson had admitted to personnel with the company's loss prevention department that he had made several fraudulent refunds in exchange for gift cards.
Officers were given a written statement which included Henderson's admission of guilt, the report stated. He then rewrote his statement and verbally told CPD officers "that he committed the act, out of (desperation) to help pay for his attorney to file for bankruptcy. Mr. Henderson further stated that he had many financial problems during the past year, which left him desperate and resorted to 'doing things that he normally would never (have) thought of doing.'"
The report states that officers found $400 in Henderson's pocket when they arrested him and they turned $380 of that over to the store manager "which was part of the void that he did this month."
Barbara Knowles can be reached at firstname.lastname@example.org.