30-01-2025
Florida man arrested; charged with depositing fraudulent bonds
A Florida man is in the Scott County Jail after Davenport Police say he deposited fraudulent U.S. Savings Bonds at three Davenport credit unions.
According to the criminal complaint, officers responded to Family Credit Union, 1530 W. 53rd Street on January 29 at about 12:41 p.m. After an investigation, officers learned that the defendant, identified as Jacquez Tullis, 40 of Tamarac, Fla., deposited nine fraudulent $1000 United States Savings Bonds at three different Family Credit Union locations. Tullis is accused of depositing three fraudulent bonds at the branch at 1530 W 53rd Street on January 27. On January 28th, he allegedly deposited three fraudulent bonds at the Family Credit Union, 1400 Rockingham Road. On January 29th, he deposited three fraudulent bonds at the branch at 4402 W. Locust Street.
The bonds returned as 'Bond not Found' in the verification system by the bank. The bonds were unevenly cut, had blurred ink in the print and were printed on different paper when compared with a legitimate United States Savings Bond at the bank. Tullis is accused of withdrawing a total of $16,660 from his account from the fraudulent bond deposits. This created a permanent loss for Family Credit Union of $16,660.
Tullis was arrested and charged with nine counts of felony forgery – financial institution and one count of felony first-degree theft. He is being held in the Scott County Jail on a $16,000 cash-only bond and has a preliminary hearing on February 7.
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