Two North Dakota Men Admit to Defrauding Midland Oil Company

Staff Report
NewsWest 9

Two North Dakota men have admitted to defrauding a Midland based oil company out of hundred of thousands of dollars.

Douglas Pierce and Ricky Wolla pleaded guilty to mail fraud in federal court for their elaborate fake billing scheme, stealing the money from Basic Energy.

Basically they were making deals for goods and services that Basic Energy never received.

Both men will be sentenced later this year.

Four others have been indicted in the scheme.