Tuesday, May 19, 2015
Associated Press
CINCINNATI
The FBI says a wanted man suspected of embezzling $8.7 million from a Cincinnati company has been arrested six years after he was charged in a 75-count federal indictment.
The agency says 53-year-old James Hammes was arrested Saturday in Damascus, Va., and remained in custody in Virginia on Monday. The agency didn’t release details about the circumstances of his arrest.
It wasn’t immediately clear whether he has an attorney.
Investigators say Hammes fled after the FBI interviewed him in February 2009, and he was indicted three months later on charges of wire fraud and money laundering. Authorities alleged he transferred money between unauthorized accounts and into his personal accounts between 1998 and 2009 while handling financial matters for his employer’s division in Lexington, Ky.