Arkansan alive, well and under arrest

Posted on Friday, September 5, 2008

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SIOUX FALLS, S. D. — Authorities in South Dakota say they’ve arrested a missing Arkansas man accused of faking his own drowning.

In a release, the U. S. Marshals Service said Matthew Alan Sheppard, 42, of Searcy was arrested last week in Yankton, S. D., on felony fraud and embezzlement charges.

On Feb. 17, Sheppard’s wife reported her husband fell into the 39-degree water of the Little Red River near Heber Springs after trying to grab his dog’s collar.

Rescuers searched two days for him, with no results.

The Marshals Service said Sheppard disappeared shortly after he found out his employer, Eaton Corp., wanted to speak to him about discrepancies in an expense report.

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