Ex-South Carolina Officer Charged With Bank Fraud, Prostitution, and Obstruction of Justice
A former South Carolina police officer faces charges of bank fraud, prostitution, and obstruction of justice after allegedly paying for sexual services and filing a false fraud claim with his credit union.
Why it matters
This is a local criminal matter involving a former law enforcement officer. It has no direct bearing on cryptocurrency markets, regulation, or any crypto-related company. Its significance to the crypto news audience is limited.
Key facts
Fredrick Trent Payne, a 43-year-old former Pacolet Police Department officer, faces charges of bank fraud, prostitution, and obstruction of justice.
Reported by The Daily Hodl
Payne allegedly paid $203 for sexual acts at Royal Springs Massage in Boiling Springs using a debit card.
203 USDReported by The Daily Hodl
Six days after the payment, Payne allegedly called Founders Federal Credit Union to file a false $276 fraud claim on the transaction.
276 USDReported by The Daily Hodl
Payne allegedly spent the credited amount in person, causing an overdraft.
Reported by The Daily Hodl
Payne allegedly gave false statements to investigators during a May interview tied to the probe.
Reported by The Daily Hodl
Payne had worked briefly as a deputy with the Spartanburg County Sheriff's Office before joining the Pacolet Police Department.
Reported by The Daily Hodl
The South Carolina Attorney General's Office is handling prosecution after the Spartanburg County Sheriff's Office requested assistance from the State Law Enforcement Division.
Reported by The Daily Hodl
Payne was booked into the Spartanburg County Detention Center following the charges.
Reported by The Daily Hodl
What happened
A 43-year-old former officer of the Pacolet Police Department in South Carolina, identified as Fredrick Trent Payne, faces charges of bank fraud, prostitution, and obstruction of justice, according to reporting by FOX Carolina via The Daily Hodl. Arrest documents allege Payne used a debit card to pay $203 for sexual acts at Royal Springs Massage in Boiling Springs, then six days later called Founders Federal Credit Union in Spartanburg County to file a false $276 fraud claim on that transaction. He allegedly spent the credited amount in person, causing an overdraft. Payne later allegedly provided false statements to investigators during a May interview tied to the probe. Payne had worked briefly as a deputy with the Spartanburg County Sheriff's Office before joining the Pacolet department. Authorities placed him on unpaid suspension once the investigation began, and he resigned days before his arrest. The South Carolina Attorney General's Office is handling prosecution after the sheriff's office requested assistance from the State Law Enforcement Division. This account is based on a single source.
How the story developed
- First report
First report by The Daily Hodl
Ex-South Carolina Officer Charged With Bank Fraud, Prostitution, Obstruction of Justice After Massage Parlor Payment: Report
- Update
Payne allegedly paid for sexual services at Royal Springs Massage
Arrest documents allege Payne used a debit card to pay $203 for sexual acts at Royal Springs Massage in Boiling Springs.
- Update
Payne allegedly filed false fraud claim with credit union
Six days after the payment, Payne allegedly called Founders Federal Credit Union to file a false $276 fraud claim and spent the credited amount, causing an overdraft.
- Update
Payne allegedly gave false statements to investigators
During a May interview tied to the probe, Payne allegedly provided false statements to investigators.
- Update
Payne placed on unpaid suspension and resigned
Authorities placed Payne on unpaid suspension once the investigation began; he resigned days before his arrest.
- Update
Payne booked into Spartanburg County Detention Center
Payne was booked into the Spartanburg County Detention Center following the charges.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| The Daily Hodl Crypto media | Ex-South Carolina Officer Charged With Bank Fraud, Prostitution, Obstruction of Justice After Massage Parlor Payment: Report | Original |
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