Uncategorized

Former Fry Foods executive pleads guilty to wire and mail fraud and money laundering

Doug A. Wold pleaded guilty to wire fraud and other crimes recently in U.S. District Court in Boise. (Idaho Department of Correction file)

BOISE – Doug Wold, who embezzled more than $100,000 from Fry Foods while working there as an executive, pleaded guilty to wire and mail fraud and money laundering last week in U.S. District Court in Boise.

Chief U.S. District Judge David Nye scheduled Wold’s sentencing hearing for Aug. 27 at the federal courthouse in Boise.

Under federal sentencing guidelines, Wold, 48, could face up to 20 years in prison and a maximum fine of $250,000 for wire and mail fraud and up to 10 years in prison for money laundering.

Wold admitted to conducting an ambitious con operation when he worked as the human resources manager for . . .