Utility seeks $8.8M from theft convicted ex-GM

January 19, 2011 5:31:20 AM PST
An electric utility that serves the Texas Hill Country is seeking $8.8 million in restitution from a former executive convicted of theft and money laundering. Formal sentencing is pending in Fredericksburg for Bennie Fuelberg. Fuelberg served as Pedernales Electric Cooperative general manager for 32 years, until he was fired in early 2008.

A Gillespie County jury in December convicted Fuelberg and recommended probation. A judge will determine the length of probation and any other sentencing requirements.

Johnson City-based PEC seeks the return of stolen money, incentive pay, legal fees and payment for "damage to reputation and trust of the cooperative membership."

The utility on Tuesday made public its impact statement to the court.