In March 2026, Officer Peterson with the Rochester Police Department received a report from a bank regarding fake savings bonds. According to the report, ADRIAN LAMAR FOUNTAIN, [DOB REDACTED], opened an account with the bank on March 12, 2026. On March 13, he funded the account. On March 18, Fountain visited a branch of the bank located in Southeast Rochester, Olmsted County, Minnesota, where he deposited a $10,000 EE United States Savings Bond valued at $20,736. After the deposit was made, Fountain withdrew $3,000 in cash.
He then drove to a second branch location and withdrew $5,000 in cash. At a third branch location, Fountain withdrew $10,000. All of the withdrawals happened the same day Fountain deposited the savings bond. An adult male, fully identified in police reports, drove Fountain to all of the branch locations on March 13 and March 18, 2026. Detective Rademacher with the Rochester Police Department was assigned to this case. He contacted the bank’s fraud specialist, an adult male fully identified in police reports (hereinafter “Employee”). According to Employee, Fountain deposited the savings bond at approximately 2:48 PM on March 18. Fountain was at the second branch location at approximately 3:33 PM and the third branch location at approximately 4:04 PM. When the bank attempted to process the savings bond, it was discovered that the routing number on the bond was invalid, and therefore the savings bond was fraudulent.
Detective Rademacher received a copy of the savings bond Fountain deposited. It was addressed to "Adam C. Fountain” with “Adrian L. Fountain” as the alternate payee. On March 19, Fountain went to one of the branch locations to retrieve his debit card. A staff member saw he had a restriction on his account that had been added by the bank’s risk management department. The staff member was on the phone with the fraud department, and during this call Fountain appeared to get nervous and then left the branch.
A member of the fraud department contacted Fountain by telephone and asked him to return to the bank to discuss the savings bond deposited the day before. Fountain stated he had plans and could not come back to the bank. Detective Rademacher located Fountain on May 28, 2026. In a Mirandized statement, Fountain stated he needed money and was approached by someone at the Landing in Rochester. Fountain said he does not know the person’s name and he would not tell Detective Rademacher who the person is, because he is not a “snitch.” Fountain stated the person told him that they had found a savings bond for $10,000 in his name, and he claimed he asked the bank teller if the savings bond was real.
Fountain said he gave all of the money except for $1,000 to the person who gave him the savings bond. A savings bond is a nontransferable bond issued by the United States government. PLEASE TAKE NOTICE: YOU MUST APPEAR FOR EVERY COURT HEARING REGARDING THIS CASE. FAILURE TO APPEAR FOR COURT IS A CRIMINAL OFFENSE AND MAY RESULT IN ADDITIONAL CRIMINAL CHARGES BEING IMPOSED AND PUNISHED AS PROVIDED IN MINNESOTA STATUTES SECTION 609.49.
