Accused arsonist now in the Floyd County Jail

July 14, 2019–3:38 p.m.


A man implicated in a fire on Craton Road in Silver Creek that occurred earlier this year is now in the Floyd County Jail.

68-year old Stanley Edward Stephens of Port Orange, Florida was transferred from the Volusia County Jail to Floyd County on Friday to face local charges of first-degree arson, conspiracy to commit a felony, insurance fraud, violation of the Georgia Residential Mortgage Fraud Act, 2nd-degree criminal damage to property, and exploitation of the elderly.

According to the arrest warrant, Stephens used an ignitable liquid to cause the February 10 fire, which destroyed the $500,000 home.

A second man, Donald Eric Louallen, was also charged in the arson.

Regions Bank had taken ownership of the home in April of 2018.

According to jail reports, Stephens also filed a fraudulent insurance claim for $2 million.

Stephens also allegedly took out a reserve mortgage using another person’s name and information.

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