An Alabama man has been arrested on charges of stealing more than $180,000 from former employers.
AL.com reports the FBI arrested 32-year-old Randall Sho Woods on May 3.
The Department of Justice says in a release that a federal grand jury indicted Woods in April on 24 counts, including multiple charges of wire fraud, bank fraud and aggravated identity theft.
The indictment says Woods stole more than $30,000 from Ingram’s Accounting & Financial Management Inc., and stole more than $130,000 from State Traditions. He also stole $20,000 as treasurer of the University of Alabama’s Million Dollar Band association.
Each wire fraud charge carries up to 20 years in prison and a $250,000 fine. The maximum sentence for bank fraud is 30 years each. It’s unclear if Woods has a lawyer.
Was this article valuable?
Here are more articles you may enjoy.
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears
Experian Launches Insurance Marketplace App on ChatGPT
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen 

