Publish date:

MN oil executive sentenced after stealing more than $930K from employer

He'll spend more than two years in federal prison.

A former oil executive in Minnesota will spend more than two years in prison after he defrauded his employer out of more than $930,000. 

Gregg William Johnson, 59, was charged in February with one count of wire fraud in connection to a scheme to steal from Chemstar Products Co. He pleaded guilty to the charge in March and was sentenced Monday, Aug. 23, to 27 months (2.25 years) in prison followed by three years of supervised release.  

According to the criminal complaint, from February 2014-July 2020, Johnson used his position as the chief financial officer of Chemstar Products to defraud the Minneapolis-based company, which specializes in products that assist in the oil drilling process.

Prosecutors allege Johnson converted company funds to himself by issuing checks from Chemstar Products' bank accounts for his own personal expenses, including credit card bills, personal insurance payments, mortgage payments, home renovations at his three different properties, and college tuition for his kids. 

Johnson hid this scheme in various ways, the charges say, including falsifying the company president's signature, falsifying invoices, logging false expenditures and using different programs than the one the company used to issue checks.

Next Up

uprooted tree in Burnsville

NWS: Tornadoes confirmed to have struck Apple Valley, Burnsville

A crazy night of storms may have included even more tornadoes.

police lights

Man charged with manslaughter after fistfight ends in death

The incident happened at a veterans housing complex in Chisholm.


Ellison reaches $1.9M settlement with StubHub over COVID cancellations

The ticket reselling giant will pay $1.87 million in refunds for Minnesota events.

Everson Griffen

Everson Griffen injured in car accident after swerving to miss a deer

Griffen was involved in the crash Thursday on his way to work.

Screen Shot 2021-09-17 at 8.30.16 AM

DPS sparks furore with 'not reaching' pouches designed to stop police shootings

The pouches were developed in collaboration with Valerie Castile, whose son Philando was fatally shot by police while reaching for his permit-to-carry.

police lights

Maintenance worker finds 2 bodies in West St. Paul garage

It's unclear how long the bodies were in the garage before being discovered.

Screen Shot 2021-09-17 at 10.42.39 AM

Tree branch falls on tent in Mankato, killing 4-year-old girl

The tree branch fell at approximately 2:30 a.m.


One-dollar bill, cash, money

Charges: Minnesota oil executive stole more than $930K from his employer

The Apple Valley man is charged in federal court with one count of wire fraud.

crown bank

Former Crown Bank CEO sentenced in fraud case

Peter Dahl was sentenced to a year and one day in prison and will be required to pay more than $400,000 in restitution.

MN pipe bomb maker and would-be revolutionary gets prison

Eric Reinbold, of Oklee, was sentenced in federal court on Friday.

U.S. district court minnesota - federal court

West Virginia man sentenced to 70 months after robbing Moorhead bank

Robert Vaughn Evans, 53, was sentenced to 70 months in prison followed by three years of supervised release.

Marcelino Santiago Lopez

Man who killed his ex-girlfriend's boyfriend sentenced to life in prison

Marcelino Santiago Lopez went to South St. Paul with the intention to fight the man, but ended up using his shotgun to kill him and injure a 16-year-old boy.

softball pixabay

Former softball coach accused of stealing booster funds is sentenced

Authorities said he repeatedly submitted fraudulent reimbursement claims.

Screen Shot 2019-10-07 at 8.53.27 AM

Woman sentenced in killing of MN man by incestuous father and daughter

Anna Marie Choudhary was sentenced to 40 years in prison Wednesday.