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Texas Retirement Plan Hit by Cyber Theft

Texas Retirement Plan Hit by Cyber Theft
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38-year-old Nigerian jailed in America for cyber fraud, to refund $975,863

38-year-old Nigerian jailed in America for cyber fraud, to refund $975,863
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Owner of San Jan sentenced to 15 years on federal fraud charges

Updated: 3:01 PM CDT July 8, 2021
MIDLAND, Texas An Odessa business owner will be spending 15 years in federal prison after pleading guilty to fraud-related charges.
James Clinton Fletcher, 45, was charged with one count of conspiracy to commit wire fraud and one count of willful failure to pay employee tax withholdings to the IRS.
Fletcher was the owner of San Jan Oilfield Services, LLC.
U.S. District Judge David Counts ordered Fletcher to pay $18,279,111 in restitution to his victims as well as $1,177,231 in restitution to the IRS.
He also ordered Fletcher to be placed on supervised release for three years following his release from prison. ....

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