Texas pilot sentenced to 5 years, ordered to pay $988K in restitution for wire fraud and arson

[TexasTowelie]

Texas pilot sentenced to 5 years in federal prison, ordered to pay $988K in restitution for wire fraud and arson conspiracies


TYLER -- A 33-year-old pilot, formerly of Kemah, was sentenced to more than five years in federal prison and ordered to pay more than $988,000 in restitution for conspiring to commit wire fraud and arson in the Eastern District of Texas.

Theodore Robert Wright III pleaded guilty to the charges on Dec. 7, 2017. He was sentenced in federal court on Oct. 4, according to a news release from the court.

The news release said Wright led a multijurisdictional fraud and arson scheme that stretched from Hawaii to the Gulf of Mexico and involved the destruction of luxury goods, including vehicles, aircraft and water vessels, according to information presented in court.

Wright and his co-conspirators, Shane Gordon, 46, and Raymond Fosdick, 42, both of Houston, and Edward Delima, 42, of Honolulu, acquired luxury goods and obtained insurance coverage for those goods in amounts exceeding the purchase prices. Wright and his co-conspirators then devised and carried out schemes to destroy those goods and defraud insurance companies.

Read more: https://tylerpaper.com/news/local/texas-pilot-sentenced-to-years-in-federal-prison-ordered-to/article_e739f87e-d098-11e8-86a3-bfe26a0b0777.html