PHOENIXVILLE -- A Birdsboro man was arrested on Friday morning on felony forgery charges after he allegedly altered a check to fraudulently gain an extra $500 upon cashing it at a local bank in May.

Floyd Walters, 31, of the 1st block of Valley View Road, Birdsboro, is charged with forgery; theft by unlawful taking or disposition; theft by deception; and receiving stolen property.

According to court documents, Officer Bill Kelly of the East Pikeland Police Department said he received a fraud complaint from New Century Bank around 1:15 p.m. July 3.

Kelly said he was notified by bank officials that Walters entered the bank on Kimberton Road on May 29, and cashed a check in the amount of $928.66.

"The face of the check has been altered from $428.66 to read $928.66," said Kelly. "The number four on the check had been altered to read number nine. The check was cashed by the teller, and Walters did receive a total of $928.66 in cash."

Kelly said that bank officials confirmed the check should have only been $428.66, and the company that wrote the check was refunded the money from the bank.

"I contacted Walters and confirmed with him that he did in fact receive an extra $500 from New Century Bank on May 29," he said. "He admitted to me that he did and planned on paying it back on July 8, but he failed to show to pay the money back."

Walters was taken into custody on Friday and transported to the Phoenixville District Court, where he was arraigned before Magisterial District Judge Ted Michaels late Friday afternoon.

When asked about any prior arrests, Walters told Michaels that he was previously arrested for assault; receiving stolen property and theft in Hamilton Township, N.J.

He also told the court that he's trying "to do the right thing."

"I've turned the corner and trying to do the right thing," said Walters. "I ask for leniency. i have five children and a wife. I need to support them. These charges are insane."

Michaels asked Kelly for his input in the case prior to setting bail, to which Kelly told the court that Walters did turn himself into East Pikeland Police that morning, and has been cooperating.

Michaels told Walters that

despite his claim that "these charges are insane," he would consider placing him on unsecured bail.

With that being said, Walters was released after Michaels set his bail at $15,000 unsecured bail, with the bail provision of no criminal conduct.

His next court appearance is scheduled for Thursday, July 17, 2008, at 9 a.m. in Phoenixville District Court.

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