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Three more arrested in Floyd County System RICO case

July 13, 2017--11:11 a.m.


As the Floyd County Board of Education RICO criminal investigations continues, the Floyd County Police made three additional arrests Thursday morning.

70-year old Charles Raiden Sherman is charged with theft and racketeering, 38-year old David Gary English is charged with theft, racketeering, and bribery, and 46-year old Rodney Don Holder is charged with theft, racketeering, and bribery.

According to the arrest warrants, the three were involved in a devised scheme to defraud the school system through the use of false, fictitious, and fraudulent invoices.

One of the warrants states that Sherman, while employed as the manager at City Electric, aided and abetted another in the commission of a crime by producing fraudulent invoices that resulted in the theft of $50,000 from the school system between August of 2009 and November of 2011.

English, who is the owner of Southeastern Security Professionals, is accused of taking more than $60,000 from the Floyd County Board of Education between September of 2011 and December of 2014.

Holder is accused of aiding and abetting in the theft of more than $300,000 from the school system.

The warrant states that Holder produced a fraudulent invoice while an account executive for Johnson Controls.

English and Holder also allegedly gave money and Atlanta Hawks tickets to former maintenance director Derry Richardson in hopes of getting preferential treatment and to be chosen to perform work for the school system.

The state began seizing property belonging to Richardson on April 14 of 2015 under Georgia’s RICO Statute.

The complaint alleges that Richardson and others engaged in and committed at least two or more acts of racketeering activity in violating state law relating to theft against the school system.

Richardson and nine others were arrested in June of last year.

Floyd County Police say the investigation will continue and other arrests are expected.