Property Development Company Executive Sentenced to Nearly Three Years for Committing $1.2 Million in Bank Fraud
TULSA, OK—Bruce Carlton Wright, 69, of Norman, was sentenced Tuesday by United States District Court Chief Judge Gregory K. Frizzell to 33 months in prison for defrauding the IBC Bank of $1,176,490.60, announced United States Attorney Danny C. Williams Sr. of the Northern District of Oklahoma. As part of his sentence, a criminal forfeiture money judgment was entered against the defendant in the amount of $1,176,490.60.
From June 2007 to July 2008, Wright and his co-defendant, Robert Alan Blaksley, 51, of Owasso, conspired to submit fraudulent invoices to IBC Bank from his property development company for work that was not performed on a Bentonville, Arkansas property.
Wright and Blaksley were charged on August 13, 2014 with conspiracy and 11 counts of bank fraud. Wright was found guilty following an 8-day jury trial that ended on May 28, 2015, and Blaksley pleaded guilty on May 8, 2015.
The case was investigated by the FBI and Assistant United States Attorneys Joel-lyn A. McCormick and Catherine Depew prosecuted the case.