A Jacksonville Sheriff’s Lieutenant, Reginald Lott, has been arrested in Jacksonville for Organized Fraud, a first degree felony, and Grand Theft, a third degree felony. Lott resigned right before being fired by the JSO.
From June 1, 2009 to January 31, 2011, Lott was the Treasurer for the Jacksonville Brotherhood of Police Officer’s Inc. During that time frame, Lott got a check card which gave him access to the non-profit’s bank account at Bank of America. He is accused of utilizing the check card to make many financial transactions in excess of $51,000 for his own use.
On April 20, 2011, Lott made a $40,000 withdraw from the account and used it for personal things. The Brotherhood’s board told police the withdraws were NOT authorized.
The charge of Engaging in a Scheme of Organized Fraud is a first degree felony. The amount obtained must be valued at $50,000 or more. This crime is punishable by up to 30 years in prison. Grand Theft is a third degree felony in Florida. It is punishable by up to 5 years in prison.
Lott posted bond and was released prior to going to first appearance court (also called J-1). This is unusual because people who are arrested for felonies in Jacksonville typically have to go in front of a judge to set a bond on the felony in order to be released.