Former Employee Indicted for Nearly $10 Million Fraud Scheme

HOUSTON – A 65-year-old Lubrizol Corporation employee has been taken into custody following the return of a 10-count indictment for wire fraud, announced U.S. Attorney Ryan K. Patrick.

A federal grand jury returned the indictment under seal Sept. 17 against James Arthur Camp, of New Braunfels. Today, he is expected to make his initial appearance before U.S. Magistrate Judge Christina Bryan at 2 p.m.

The indictment alleges Camp was employed at Lubrizol Corporation in Deer Park, a  provider of specialty chemicals for the transportation, industrial and consumer markets. While employed there, he allegedly defrauded the company of $9,256,712.54 from approximately April 1998 through November 2017.

In order to execute the scheme, Camp submitted fraudulent invoices for laboratory services from two companies he owned, knowing they had not actually been performed. He then allegedly caused Lubrizol to issue payments to those companies. The indictment further alleges he used the fraudulently - obtained payments for his own personal use and benefit.

If convicted, Camp faces up to 20 years imprisonment on each count as well as a possible $250,000 maximum fine.        

         

The FBI conducted the investigation. Assistant U.S. Attorney John Braddock is prosecuting the case.

An indictment is a formal accusation of criminal conduct, not evidence.

A defendant is presumed innocent unless convicted through due process of law.