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Friday, April 19, 2024

ConocoPhillips files RICO lawsuit against former employee it says stole millions

Federal Court
Money065

ANCHORAGE, Alaska (Legal Newsline) – ConocoPhillips Alaska alleges a former employee defrauded it out of millions of dollars through an alleged scheme that included taking payments for non-existent goods and services. 

ConocoPhillips Alaska Inc. filed a complaint Dec. 12 in the U.S. District Court for the District of Alaska against Forrest Wright, Eco Edge Armoring LLC, Wright Capital Investments LLC, DB Oilfield Support Services and others alleging violation of the Racketeer Influenced and Corrupt Organizations Act (RICO), embezzlement, fraud, conversion, unjust enrichment, breach of contract, constructive trust and piercing the corporate veil. 

ConocoPhillips alleges in its complaint that Wright, a former employee, defrauded the company out of millions of dollars through obtaining payments for non-existent goods and services from ConocoPhillips for companies he and/or his co-conspirators controlled. ConocoPhillips claims Wright used fraudulent invoices and fake companies and used the money to form a corporation.

ConocoPhillips seeks an injunction freezing the defendants' funds and all other proper relief. It is represented by Timothy Lamb and Donna Meyers of Delaney Wiles Inc. in Anchorage, Alaska. 

U.S. District Court for the District of Alaska case number 3:19-CV-00311-SLG

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