News June 29, 2018
Authorities: Serial Schemer Busted In Promotional Products Scam
The arrest of Loreal Stroud in Texas comes as she’s wanted for similar alleged thieving in Oklahoma.
In a Nutshell
*Stroud, 44, would take businesses’ money in exchange for marketing merchandise, but then not deliver.
*She was arrested this week.
An alleged serial scammer accused of swindling businesses after promising promotional products and then not delivering has been arrested in Texas, authorities say.
The Bexar County Sheriff’s Department arrested Loreal Stroud, 44, this week on a warrant for theft after she took Texas businesses’ money in exchange for providing branded merchandise, but then never delivered the swag, according to multiple media reports.
Accused scammer Loreal Stroud. Photo from the Seguin Police Department.
Stroud has perpetuated similar scams in her home state of Oklahoma, authorities say. Back in May, the Seguin Police Department, in Bexar County’s neighboring Guadalupe County in Texas, warned local businesses about Stroud through social media posts, saying they couldn’t arrest her yet but warning entrepreneurs to steer clear of the alleged huckster after she reportedly advanced her schemes locally.
Attention Residents and Business Owners! We've had a report of a recent scammer involving this individual, Loreal Stroud. She comes to Seguin from the Oklahoma (Hook 'em Horns!)... https://t.co/Dyow44emKm pic.twitter.com/DHLfjD7wLS
— Seguin Police Dept. (@SPDTX) May 15, 2018
Indeed, the Seguin Police Department’s May 15th Facebook post about Stroud was quite candid:
Attention Residents and Business Owners! We've had a report of a recent scammer involving this individual, Loreal Stroud. She comes to Seguin from the Oklahoma (Hook 'em Horns!). We were told that she goes from town to town in Oklahoma scamming individuals and is now in Texas. Her scheme? She plays a business owner and falls short of her promises (takes your money and promises merchandise but never delivers). We just met up with her today but can't charge her.... just yet.
We tell you this because she has now "scammed" businesses in our town and we don't appreciate it. Miss Okie Scammer does have a felony warrant out of Oklahoma but it’s not extraditable (they won't come get her). If you see her, please don't do any business with her. Personally, we'd like to send her packing back to the fine State of Oklahoma SOONER rather than later but can't make it happen yet.
- Deputy Chief B. Ure
Authorities say that Stroud, who has multiple felony warrants in Oklahoma, is tied to at least fives cases of scamming in Seguin, though there could be more victims in Texas. “We have people from Bexar County reach out to us --people from Schertz -- all claiming to be victims of Ms. Stroud,” Mike McCann, Lieutenant of Criminal Investigations with the Seguin Police Department, told the local Fox affiliate.
Authorities reported that Stroud would offer to provide products that include shirts, business cards and canopy signs – but just take the money and disappear. Tips from the community led to her arrest on Wednesday.
It’s unclear what, if any, business name she was operating under. Check back with www.asicentral.com/news for updates on the case.