Highlands man arrested
for passing bad checks
By elaine van develde
Staff Writer
TINTON FALLS — An attempt to cash a $5,000 check has led borough police to charge the man seeking the money with criminal intent theft.
According to police reports, Kirk Snyder, 37, of Highlands, entered the Two Rivers Bank on Shrewsbury Avenue Aug. 27 and allegedly attempted to cash the $5,000 check on an account he had previously created by issuing a bogus check.
According to the department’s report, Snyder was trying to draw the $5,000 from a trust account he funded with a check of his own for $90,000 Aug. 22 at the same bank. The bank never received the money from that check.
The day after the $90,000 deposit was made, Aug. 23, $9,000 was withdrawn from the trust account, according to the report. Three days later, Aug. 26, another two withdrawals of $9,000 (a total of $18,000), and another for $52,000 were made. Snyder is alleged to have made all the withdrawals.
Snyder is believed to have taken the $52,000 he withdrew from the trust account Aug. 26, and deposited it into a new account the same day.
After opening the new account and making the initial $52,000 deposit, Snyder reportedly attempted to withdraw $20,000 from the new account the next day.
When bank personnel said they could only dole out $5,000 of the $20,000 Snyder wanted to withdraw, he wrote himself a check for the $5,000.
After transfers and checks didn’t clear, the problem was traced back to the fact that the original check deposited in the trust account Aug. 22 was deemed fraudulent, according to reports.
Snyder was arrested Aug. 27 and turned over to Atlantic Highlands Police pending further investigation into the allegedly fraudulent $90,000 deposit.