Tulsa Man Pleads Guilty to Stealing More than $420,000 from his Employer

Topics:  American Parking

U.S. Attorney’s Office, Northern District of Oklahoma
25 July 2019

FOR IMMEDIATE RELEASE

A former American Parking employee pleaded guilty in U.S. District Court Wednesday to bank fraud.

Jerry Albert Wiley, 70, of Tulsa, admitted to defrauding BancFirst and his employer American Parking of $426,220.32 from January to April 2018. U.S. District Judge Clair V. Eagan accepted the plea and set sentencing for Oct. 23.

“The U.S. Attorney’s Office is dedicated to protecting the integrity of the marketplace by prosecuting white collar criminals like Mr. Wiley,” said U.S. Attorney Trent Shores. “Like in so many financial crimes, Mr. Wiley took advantage of the trust placed in him, resulting in American Parking losing more than $420,000. There is never justification to steal from an employer, and perpetrators who act otherwise will find themselves face-to-face with a federal prosecutor.”

In his position as controller at American Parking, Wiley directed authorized funds transfers related to business expenses from the company’s corporate checking account at BancFirst. Starting Jan. 5, 2018, Wiley knowingly abused his position by transferring funds from American Parking’s accounts at BancFirst to accounts owned and controlled by one of Wiley’s acquaintances. The defendant contends he lost the funds after sharing them with an online acquaintance to pursue a personal investment opportunity. The Information contains a forfeiture allegation by which the United States seeks a money judgment of at least $426,220.

The FBI conducted the investigation; Assistant U.S. Attorney Richard M. Cella is prosecuting the case.

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