The hunt is on for Jody Wade, one of Texoma’s most wanted

UPDATE: Friday, March 25, 2022 at 2:30 p.m.

Jody Randolph Wade, 50, was taken to the Young County Jail on Friday, March 25. According to the latest news, he is still in prison.

The county’s junior sheriff, Travis Babcock, said Wade was being held on five warrants.

According to the Young County Jail Inmate List, the five warrants are all from Wichita County with bonds totaling $85,000.

This is a developing story. Stay on the Texoma homepage for the latest news.

WICHITA FALLS (KFDX/KJTL) — Former Wichita Falls entrepreneur Jody Wade achieved many firsts and received numerous awards while running many businesses in Texoma.

Now he has made another first; be named to Texoma’s most wanted list.

Wade, 50, was placed on the list by Crime Stoppers on Friday when he failed to appear in court for his charge from 2020 of obstructing secured creditors. He was charged with that charge in February 2022.

On March 11, 2022, his $75,000 bond was forfeited when he failed to show up for arraignment, and the judge ordered a warrant for his arrest.

Currently, Wade is not incarcerated in the Wichita County Jail.

Wade reportedly moved to the Metroplex, and his last known location to us was Young County Jail when he was booked for another DWI charge the day before Thanksgiving last year.

He also has four new charges filed Friday, March 25 alleging failure to execute a fraudulent lien release.

The complaints allege that Wade fraudulently filed a lien claiming First Capital Bank owed him $800,000 for improvements to his former building on Armory Road, a towing and storage facility operated by Jody Wade Enterprises.

Along with his criminal charges, Wade also faces civil lawsuits filed by First Capital Bank.

The bank obtained judgment against Wade in 2020 in foreclosure actions on the property, and the bank purchased it at the foreclosure sale.

The new charges allege Wade refused to vacate the property after it was sold.

According to his criminal charge, Wade had more than $684,000 on a $1 million loan and the bank obtained a restraining order preventing him from withdrawing Big Daddy’s tow security. The bank said

Wade was removing trucks and other items, and instructing employees to move them and remove equipment.

The charge of troublesome creditors is a first degree felony as it exceeds $300,000 and is punishable by 5 years to life in prison.

In July 2020, 78th District Judge Meredith Kennedy ruled that Wade-owned businesses: Collins Motor Company and Jody Wade Enterprises, and Jody Wade personally, must pay the judgment to First Capital Bank of Texas, which includes 421 $000 owed by Collins Motor Company, $462,000 by Wade Enterprises or Wade, plus all attorneys’ fees in each judgment which amount to thousands of dollars.

The judgment says Wade was timely and properly informed of the trial proceedings, but failed to appear.

When we reached out to Wade for comment, he said he was in Washington, DC on business and wasn’t even aware of the legal process.

He said First Capital wrongfully sued during the COVID-19 disaster and used “deception tactics” in court to gain a profit on the sale of more than $1 million.

While in Washington, he was stopped by Metro police conducting a protective sweep ahead of a President Trump motorcade. Police found firearms and ammunition in his vehicle.

In his last known arrest in Young County on the night of Nov. 24, 2021, Young County deputies were dispatched west of Olney for a suspect vehicle check.

They say they found Wade passed out in the driver’s seat of the black Chevy Tahoe and had just woken up.

Deputies ordered Wade out of the vehicle, but said he was inconsistent. They said that once Wade finally got out of the vehicle, he tripped and stood in the doorway and said he was sorry and he was drinking.

Deputies said Wade was swaying and unsteady on his feet, and his shorts were unzipped.

Authorities say Wade did not respond when asked if he was refusing field sobriety tests, so they placed him under arrest.

After Wade was taken to Hamilton Hospital and a blood warrant obtained, he was incarcerated in Young County Jail.

About Frances R. Smith

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