Alabama Man Arrested by FBI For Stealing $180K from Employers
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.