This article first appeared in the Austin American Statesman Former Pedernales lawyer sentenced to jail, fine Demond gets tougher penalty than co-op’s ex-chief. BOERNE — A Kendall County jury on Tuesday found former Pedernales Electric Cooperative attorney Walter Demond guilty of felony theft, money laundering and misapplication of fiduciary property for helping arrange secret payments [...]
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originally published By Patrick George , AMERICAN-STATESMAN STAFF April 20 in the Statesman Fuelberg, convicted in December, is also seeking not to testify in the second PEC-related trial of attorney Walter Demond Two months after saying he wouldn’t appeal his conviction on felony theft and money laundering charges, former Pedernales Electric Cooperative general manager Bennie Fuelberg has changed [...]
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On April 13th at 7:30pm, the Uptown Marble Theater in Marble Falls will present the world theatrical premiere of Green Dreams, a 50 minute documentary about the revolution at the Pedernales Electric Cooperative. Following the screening will be a meet & greet with PEC’s newly-hired CEO, R.B. Sloan. At the screening in Marble Falls, someone [...]
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This article first appeared in the Austin American Statesman Judge also orders ex-general manager to pay $126,000 in restitution, but not to the co-op. JOHNSON CITY — A state district judge Monday night sentenced former Pedernales Electric Cooperative General Manager Bennie Fuelberg to five years’ probation, 300 days in county jail, 1,000 hours of community [...]
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Former PEC general manager Bennie Fuelberg was found guilty on charges of third degree theft, money laundering, and misapplication of fiduciary property for a scheme where payments were funneled through PEC’s outside law firm to his brother Curtis Fuelberg and to Bill Price, the son of a member of the PEC Board of Directors, without [...]
See the articles in the Austin American Statesman: Grand jury indicts former Pedernales leader, longtime lawyer June 18 Many enablers led to indictments in scandal June 20 Indictments say pair directed co-op money to relatives of PEC executives June 20
The Pedernales Electric Cooperative Board of Directors will have a special called meeting on April 6 at 11 a.m. at PEC’s Johnson City Headquarters. At the meeting, the Board will receive KPMG’s financial audits for the year ending Dec. 31, 2007, and discuss an upcoming legislative hearing (see earlier post). The Board meeting agenda has [...]
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By Jodi Lehman, Horseshoe Bay Beacon The Pedernales Electric Cooperative Board of Directors plowed through 26 agenda items in four hours at their regular monthly meeting on Monday afternoon in Johnson City. The board adopted major changes in governance structure, election procedures and communications policies. PEC bylaws called for a board composed of seven voting [...]
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<http://www.junctioneagle.com/new_site/index2.php?option=com_content&task=view&id=2840&pop=1&page=0&Itemid=1> Written by editor1, Junction Eagle Wednesday, 06 August 2008 Half a million discovered in hidden account Editor’s note: The following press release from PEC was released late Tuesday, after most newspapers had gone to press. Because the staff of The Junction Eagle was working late on the rodeo edition, we were able to include [...]
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PEDERNALES ELECTRIC CO-OP Co-op discloses secret bank account By <http://www.statesman.com/news/content/news/stories/local/08/06/mailto:cgrisales@statesman.com>Claudia Grisales AMERICAN-STATESMAN STAFF Wednesday, August 06, 2008 The Pedernales Electric Cooperative on Tuesday disclosed a $565,000 bank account that few knew existed, including General Manager Juan Garza, who took the helm of the member-owned utility in February. The account at Cattleman’s National Bank in Round [...]
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