Elk City Man Arrested and Charged in Connection to Bank Fraud and Counterfeit Check Scheme

The Penny News 373

Elk City, Oklahoma – Authorities have arrested an Elk City man on a felony charge of Computer Fraud/Unlawful Use of Computer/System in connection to a counterfeit check and bank fraud scheme targeting a local business. The investigation revealed that 33-year-old Jesus Valdez-Orozco allegedly used unauthorized electronic transactions and counterfeit checks to withdraw funds from Troy Jones Equipment’s bank account.

The case began on September 6, 2024, when an employee at Troy Jones Equipment reported suspicious transactions involving the company’s bank account. The employee identified counterfeit checks and unauthorized withdrawals linked to the account’s correct routing and account numbers.

Investigators discovered that Valdez-Orozco had been seen in possession of a fraudulent check bearing the company's name. Metadata from a photo shared by Valdez-Orozco via an iCloud account further linked him to the fraudulent activity. Analysis tied the account directly to him, with registered addresses in Elk City and Clinton.

On September 11, 2024, First National Bank and Trust flagged two counterfeit checks totaling over $2,000 that had been deposited and processed through an Automated Clearing House (ACH) system. The bank rejected the checks as counterfeit, but the transactions had already caused significant disruption to the business.

Further review revealed unauthorized payments made from Troy Jones Equipment’s bank account to Valdez-Orozco’s First Premier Bank credit card account, totaling nearly $900. These payments were completed electronically using the business's bank information.

Investigators also discovered that Valdez-Orozco used the company’s funds to make a $774 payment to an AT&T account shared with a family member. During an interview, the family member confirmed a connection to the account but claimed no knowledge of the fraudulent activity.

When questioned, Valdez-Orozco admitted to cashing the counterfeit checks but attempted to shift blame to others. However, investigators uncovered substantial evidence linking him directly to the fraudulent transactions.

 
 

More News

News
The Penny News 1563
News | September 11, 2026
A rural home north of Elk City was destroyed by fire Thursday, one of two fires that kept western Oklahoma crews busy despite recent rainfall.
News
The Penny News 1562
News | September 10, 2026
GPRMC will continue its free monthly education series, Community Connections, with a September session focused on financial literacy.
News
The Penny News 1561
News | September 10, 2026
OKIE811 will host an Elk City Safety Day on Wednesday, September 16, at Western Technology Center, offering free training for excavators, facility operators, vendors and others involved in underground utility safety and damage prevention.
News
The Penny News 1560
News | September 10, 2026
Roger Mills County fire departments responded to three separate lightning-caused fires near Reydon Wednesday evening, with crews ultimately bringing all three incidents under control.
News
The Penny News 1559
News | September 10, 2026
Washita County’s aeronautical artists are getting to work on a high-flying canvas.
News
The Penny News 1558
News | September 09, 2026
The Elk City Chamber of Commerce has announced the winners from Saturday’s Rodeo Parade, with local businesses, schools, organizations, churches and individuals earning honors in several categories.

 
PN49115
Have your ad read on the most powerful hour in radio, TRADIO. The buy, sell, and trade show that airs Monday through Friday at 10:00 AM to 10:30 AM on KECO 96.5 FM.

 

 

© Copyright 2025, Paragon Communications. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.