Former Dollar General manager arrested for theft of funds

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A Midway man, 52-year-old Danny Inskeep, has been arrested after an investigation of theft of funds from the Midway Dollar General store he previously managed. He was booked into the Baxter County Detention Center Monday on a felony theft of property charge and released the same day on a $7,500 bond.

According to Baxter County Sheriff John Montgomery, on July 17th, the District Manager for Dollar General Stores filed a report with the Sheriff’s Office alleging Inskeep had stolen two cash deposits from the store on July 14th and July 15th totaling $6,925.28. The District Manager says the theft was accomplished by “floating” or “rolling” deposits. The terms are used to describe how some crooks steal money from a deposit and not take that deposit to the bank until they can replace the money, usually with money from the next days deposit.

The investigation revealed the store’s deposit logs had been falsified and did not match bank deposit receipts. The cash receipts from July 14th and July 15th had apparently never been deposited.

A warrant for the arrest of Inskeep was issued on July 26th, and he was arrested on the warrant Monday. He is scheduled to appear in Baxter County Circuit Court.

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