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

May 9, 2017

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.

Topics Fraud Commercial Lines Business Insurance Alabama

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