HARPERSVILLE, Ala., March 8 (UPI) — An Alabama man was charged with stealing nearly $200,000 worth of quarters while working as an employee for Brink’s armored transport.
A press release from the Alabama Department of Justice stated that Stephen Lancaster Dennis, 49, stole $196,000 in quarters belonging to Federal Reserve Bank of Atlanta in 2014 while working as a money processing manager.
Dennis has agreed to plead guilty to the charge and pay back the full amount to Brink’s, who reimbursed the bank.
“What Mr. Dennis may have thought was a nickel and dime theft was, in the end, the equivalent of a major bank heist,” FBI Special Agent in Charge Roger C. Stanton said.
“Now, he will be a convicted felon who must repay all the stolen money.”
Dennis reportedly entered the Federal Reserve Bank facility on an off day in February 2014 and replaced the contents of four bags full of quarters with beads. He stole a total of 784,000 quarters between Jan. 1 and Feb. 20, 2014.
