1 arrested, 1 wanted after alleged $134K check forgery

MEMPHIS, Tenn. — One man was arrested after being accused of forging a check worth $134,000 last year and another man is wanted by Memphis Police for the same incident.

Roland McElrath III, 33, is charged with theft of property $60,000-$250,000. He is held on a $25,000 bond.

Quenton Burroughs has a warrant out for his arrest, according to the Shelby County Criminal Justice System. He is also charged with theft of property $60,000-$250,000.

On April 7, 2023, corporate security filed a counterfeiting/forgery report that took place at First Horizon Bank on Kirby Center Cove in the Hickory Hill area.

Reports state that the bank was alerted about a fraudulent transaction made by customer Jalp Clothing LLC’s account. Jalp Clothing LLC reportedly issued a check to EMO Trans for $134,608.95.

The check was negotiated but the real EMO Trans did not receive the check, police say. On December 28, 2022, records show that McElrath opened an FHB account named EMO Trans LLC.

‘Identity Thief’ claims he’s behind attempted foreclosure, auction of Graceland

On January 23, 2023, Jalp Clothing LLC’s check was deposited into the EMO Trans LLC account that McElrath opened. The next day, McElrath used the money in the account by using cashier’s checks and making cash withdrawals.

During that time, police say one of the cashier’s checks was made out to Quenton Burroughs.

Jalp Clothing LLC and the real EMO Trans are both FHB customers, reports state.

Corporate security was able to provide police with surveillance footage and bank records related to the incident.

After investigators reviewed the records, they say around January 2024, McElrath withdrew money from the account using cashier’s checks and cash.

3 teens accused of robbery in Collierville Walmart parking lot

Investigators say they were able to compare his TN driver’s license photo to the screenshot of the man withdrawing money from the Jalp Clothing LLC check and identified him as Roland McElrath.

They were also able to use the same method to positively identify Quenton Burroughs as the man who deposited the check.

McElrath is scheduled to appear in court on Thursday morning.

Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

For the latest news, weather, sports, and streaming video, head to WREG.com.