He’s accused of wire fraud and tax fraud for siphoning away company money.
A federal grand jury indicted an Alabama man on wire fraud and tax evasion charges, alleging he misused company funds while managing an Alaska-based oil field services firm.
According to court records, James Wohlers, 56, of Deatsville, Alabama, is accused of executing fraudulent wire transfers and failing to report taxable income while serving as general manager of GBR Equipment/Oilfield Services.
The indictment alleges that from 2013 to 2019, Wohlers funneled company funds into unauthorized transactions and used corporate credit cards for personal expenses. Prosecutors allege he created a separate business and funneled payments meant for GBR into its bank account.
Wohlers faces three counts of tax evasion. Federal prosecutors say he used GBR resources, including employees and corporate funds, for personal gain while imposing pay cuts on company staff.
If convicted, Wohlers faces up to 20 years in prison.