Missile-Truck Driver Charged With Fraud

A debt-ridden truck driver apparently dumped a shipment of four unarmed Air Force missiles in Texas after his company refused to give him a $500 advance, according to FBI documents released Saturday.

Ronald D. Coy was arrested Friday at a truck stop in Orange, several hours after the $1 million missile shipment was found 300 miles away in Ranger, and charged with wire fraud.

Coy, 42, of Middletown, Ohio, shook his head in disbelief at a hearing Saturday when told of the charge.

“I have nothing to hide. Let’s go forward,” Coy said, when asked about an extradition hearing. He was held without bond and faces a hearing Tuesday.

Coy, who is $115,000 in debt, tried conning his trucking company out of cash advances on the road, an FBI affidavit said.

The wire fraud charge stems from Coy’s alleged telephone conversations with his employer and has nothing to do with the armaments, which the Air Force said were not explosive and posed no risk to the public.