John B. Ohle III, 58, was arrested following an investigation into an alleged embezzlement and fraud scheme that defrauded a private clay mining company and its clients of more than $2.5 million from January 2020 through February 2024.
The Louisiana Bureau of Investigations received a complaint from the private clay mining company that Ohle, acting as a consultant for the company, had engaged in an elaborate embezzlement scheme to defraud the company and its clients.
Ohle is accused of diverting revenues from the clay mining company to accounts he controlled…