According to a US Secret Service news release, agents from the Phoenix field office arrested Adrian Jean Pineda, a vault employee at the store, who was responsible for counting cash and preparing it for deposit.
Pineda is accused of ordering counterfeit bills from Amazon, swapping them with money taken from store cash registers and sealing them in bags for transfer to the bank, according to the complaint. Pineda, the complaint said, admitted to switching the real money with fake bills in an interview with Secret Service agents.
Pineda was assigned a public defender. CNN has reached out to his attorney but has not received a response.
Between January 2018 and January 2022, Home Depot recorded $387,000 in losses due to counterfeit notes in their bank deposits, the Secret Service said.
Agents seized $5,000 in counterfeit currency and $5,300 in genuine currency during Pineda’s arrest at Home Depot, according to the Secret Service. An additional $22,000 in genuine currency was recovered at Pineda’s home when agents executed a search warrant, the release said.
Pineda was released on his own recognizance and is scheduled to appear in court on Monday, according to court documents.