Date: 10-11-2015

Case Style: United States of America v. James Douglas Pielsticker

Case Number: 4:14-cr-00153-GKF

Judge: Gregory K. Frizzell

Court: United States District Court for the Northern District of Oklahoma (Tulsa County)

Plaintiff's Attorney: Jeffrey A. Gallant, Catherine Depew and Charles A. O’Reilly

Defendant's Attorney: Paul DeMuro

Description: Tulsa, OK - Former Arrow Trucking Executive Sentenced in Multi-Million Dollar Fraud Scheme

A Dallas resident and former chief executive officer and president of Arrow Trucking Company was sentenced to serve seven and one-half years in prison for conspiracy to defraud the United States, bank fraud and tax evasion.

“Corporate officers who willfully fail to report and pay over employment taxes and use that money for their own benefit are violating their obligations to their employees and the United States, stealing from the U.S. Treasury, and giving their companies an unfair advantage over competitors that comply with the law,” said Acting Assistant Attorney General Ciraolo. “Today’s sentence is a warning to those individuals who refuse to carry out their fiduciary duties that the United States will investigate them, prosecute them, and seek lengthy prison sentences for their crimes.”

“Today’s sentencing reflects the Northern District’s strong commitment to ensuring that justice is served,” said U.S. Attorney Williams. “Along with our law enforcement partners we will aggressively pursue financial crimes. Mr. Pielsticker conspired to defraud millions of dollars in part for his personal benefit including a wedding and Bentley and Maserati automobiles.”

James Douglas Pielsticker, 47, formerly of Tulsa, Oklahoma, pleaded guilty earlier this year to a two‑count superseding information charging him with one count of a dual-object conspiracy to defraud the United States and to commit bank fraud and one count of willfully attempting to evade his individual income taxes for the year 2009. Chief U.S. District Court Judge Gregory K. Frizzell of the Northern District of Oklahoma also sentenced Pielsticker to serve three years of supervised release following his 90 month prison term and ordered him to pay $21,026,682.03 in restitution to the IRS and the Transportation Alliance Bank (TAB).

According to the plea agreement and other court records, in 2009, Pielsticker and others conspired to defraud the United States by failing to account for and pay federal withholding taxes on behalf of Arrow Trucking Company and by making payments to Pielsticker outside the payroll system. Pielsticker and others withheld Arrow Trucking Company employees’ federal income tax withholdings, Medicare and social security taxes, but did not report or pay over these taxes to the IRS, despite knowing they had a duty to do so.

Outcome: Defendant was sentenced to 7.5 years in prison.

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