pedernales electric cooperative

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2:46 pm
Fri December 10, 2010

Former Pedernales Electric Cooperative Manager Guilty Of Felony Theft

The Gillespie County Courthouse in Fredricksburg where Bennie Fuelberg was found guilty today.
Image courtesy Devil's Rancher http://www.flickr.com/photos/cvreeland/

A man who once ran Pedernales Electric Cooperative, the largest member-owned electric utility in the country, was found guilty today of charges related to funneling money to his brother and the son of a former PEC director.

A Gillespie County jury of nine women and three men found Bennie Fuelberg was guilty of money laundering between $100,000 and $200,000, misapplication of fiduciary duty in excess of $200,000, and theft of property in excess of $200,000.

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