In late November the McCracken County Sheriff’s Department got reports of thefts at Countryside Manor and Village One Properties in West Paducah. Police said the owner began suspecting some of the collected rent money was not being deposited into the proper accounts.
During their investigation, detectives began to compare documents related to the collection of the rent money to the bank accounts set up to accept those deposits. Police said they discovered that more than $10,000 had not been deposited into the proper accounts.
Detectives said they later discovered that the property manager, 54-year-old Ray Terry, of Lane Road had collected a large amount of rent in the form of cash, and had made more than $10,000 in cash deposits into his personal account over the course of 2014. They said tenant statements and hand-written receipts confirmed that Terry had been stealing the rent money.
Terry was arrested and taken to the McCracken County jail on charges of theft by unlawful taking over $10,000, a class C felony punishable by up to 10 years in prison.
