Newport chief: 'We'll move forward' following officers' arrests

The two Newport police officers charged with multiple counts of money laundering are suspended without pay. 7-24-14

(WBIR-Newport) Police Chief Maurice Shults said his department is working with the Tennessee Bureau of Investigation following Wednesday's arrests of four people in a money laundering and prescription pill scheme. Two of the four men are officers in the department. Both men are on administrative leave without pay.

"The two officers that were arrested and charged, their offices, their personal lockers and their vehicles were searched, and the state auditors have audited our evidence room," the chief told 10News on Thursday.

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Captain James Holt was in federal court earlier in the day, answering to two counts of drugs and weapons charges. He remains in the Washington County jail. Holt has been with the department since August of 1995.

Detective captain Lynn Shults is also connected to the case, facing four counts of conspiracy and money laundering.

Shults is the chief's brother.

"He is my brother and has been for 50 years, and I will stand by him personally," Chief Shults added. "Stand with (the department) professionally as we can and I have a job to do, and I'll continue to do my job."

Captain Holt's wife and stepson, Kathy Holt and Kenneth Myers, were also arrested and charged.

"We're working, we're meeting with the Attorney General's office about the case files that the officers had under their care. We'll move forward," Chief Shults said.


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