Former Business Manager Arrested for Fraud

A former business manager on St. Croix was arrested on a warrant Tuesday on fraud charges, the V.I. Police Department reported.

On Oct. 20, 2023, the Economic Crimes Unit initiated an investigation into a business owner’s complaint regarding obtaining money by false pretense. The investigation revealed that Taylor Holmes fraudulently took advantage of her position as a manager and purchased a total of $1,343.77 in items on the business account during and after her employment, according to the police report.

On March 19, VIPD detectives executed an arrest warrant, where Holmes was served the arrest warrant, and placed under arrest without incident. Subsequently, Holmes, 32, was booked and charged with obtaining money by false pretenses, grand larceny, and embezzlement by employee, the police report stated.

Bail was set at $35,000 for the alleged incident. Unable to post the set bail, Holmes was remanded to the John A. Bell Adult Correction Facility pending her Advice of Rights Hearing scheduled for Wednesday, the report stated.