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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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
Original Austin American Statesman article By Claudia Grisales | Wednesday, June 17, 2009, 04:28 PM UPDATE: The indictments are against Bennie Fuelberg, Pedernales’ former general manager, and Walter Demond, who works for PEC’s former longtime law firm, their lawyers confirmed. “Bennie Fuelberg put his heart and soul into PEC for 30 years. He never stole [...]
<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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FOR IMMEDIATE RELEASE August 5, 2008 TO: All PEC-area newspapers MEDIA CONTACT: Anne Harvey, (830) 868-4933; Austin line, (512) 219-2602 PEC ends relationship with Cattleman’s National Bank Today Pedernales Electric announced plans to end its relationship with Cattleman’s National Bank. The bank currently takes deposits for PEC’s Marble Falls, [...]
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By <http://www.statesman.com/news/content/news/stories/local/06/27/mailto:cgrisales@statesman.com>Claudia Grisales AMERICAN-STATESMAN STAFF Friday, June 27, 2008 WASHINGTON — A top U.S. House investigative committee cited troubles at Pedernales Electric Cooperative during a Capitol Hill hearing Thursday as it considered whether other member-owned utilities are plagued with similar problems. “If you think Pedernales is the only electric cooperative scandal in America, then you [...]
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