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Police Say They've Uncovered $600,000 Fraud Scheme

Police say they've arrested a woman who is accused of a fraud scheme that totals in the hundreds of thousands of dollars.

Greenville police, assisted by Windsor police, arrested Regina Peele of Windsor for obtaining property by false pretense and felony worthless checks.

Peele, according to police, owns CreditEd Solutions, Incorporated. She's arrested on obtaining property by false pretense in excess of $100,000.00, 4 counts, for a fraud scheme involving $600,000.00; and felony worthless check, 3 counts, referring to funds totaling $240,000.00.

Police say the scheme solicited investors for church construction, with promises of high rates of return. They claim Peele then used the money for other uses and failed to fully repay the investors.

Police say in many cases, money from one source was used to make partial payments to other investors.

People who have invested with CreditEd Solutions are asked to contact Greenville police at 252-329-4359.

The 45-year-old Peele is in jail under a $50,000 secured bond.


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