Haslam-owned truck-stop chain won't be charged Print
Written by Admin   
Tuesday, 15 July 2014 03:20
NFL Headline News

 NASHVILLE, Tenn. (AP) - The truck-stop company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam may have put the worst behind it after federal attorneys agreed not to prosecute Pilot Flying J for cheating customers.
In an agreement with prosecutors, the nation's largest diesel retailer acknowledges that employees cheated trucking companies out of promised fuel rebates and discounts. Pilot has agreed to pay a $92 million penalty, which is within the range of what the company would be expected to pay if convicted at trial.
Nashville criminal defense attorney and former prosecutor David Raybin, who is not involved but has followed the case, said the agreement most likely signals that Knoxville-based Pilot's CEO Jimmy Haslam, who has said he had no knowledge of the scheme, will not face charges.
''No prosecutor would enter into an agreement like this, ask for this kind of sanction, unless they didn't have enough evidence to indict Haslam,'' he said. ''Also, Pilot would not agree to pay unless they felt the government would not prosecute him.''
Gov. Bill Haslam holds an undisclosed ownership share in the company but has said he is not involved in Pilot's day-to-day operations. Pilot has annual revenues of around $30 billion.
The agreement is good for the company, Raybin said, because, ''if a company gets indicted, that's ruinous, even if they're not convicted.''
But although the worst may be over for Pilot, there could still be further prosecutions of current and former employees.
The agreement signed by U.S. Attorney for the Eastern District of Tennessee Bill Killian requires Pilot to comply with several conditions, including cooperation with the ongoing investigation of people who may have been involved in the fraud. The agreement does not protect any individual at Pilot from prosecution.
Also, several individual trucking companies are suing Pilot for fraudulently withholding discounts and rebates, although the majority of customers participated in a class-action settlement in which Pilot agreed to pay out nearly $85 million last November.
Since federal agents raided Pilot's Knoxville headquarters in April 2013, 10 former employees have pleaded guilty to the scheme, which was known by a variety of euphemisms including ''manual rebates.''
FBI special agent Robert H. Root said in an affidavit filed in federal court last year that the scheme involved sales team members reducing the amount of money that was due to trucking company customers they deemed too unsophisticated to notice. The scheme was widely known in the sales department, according to court documents, with supervisors teaching other employees how to do it.
Court records said the scheme lasted from at least 2007 until an FBI raid in April 2013.
In May, several top executives abruptly left the company. Pilot officials have not said why the employees left, but the agreement with prosecutors acknowledges that the company has terminated or placed on leave employees who violated company policies. It also acknowledges that Pilot acted quickly to investigate problems with the rebate program and repay cheated customers with interest.
Through a spokesman, Jimmy Haslam declined to comment on the agreement with prosecutors, but issued a statement.
''We, as a company, look forward to putting this whole unfortunate episode behind us, continuing our efforts to rectify the damage done, regaining our customers' trust, and getting on with our business,'' it said.
 

NFL Team Pages

Top NFL Public Bets

#1 271 Indianapolis Colts 89%
#2 265 Houston Texans 85%
#3 263 Miami Dolphins 80%
#4 275 Green Bay Packers 74%
#5 259 Seattle Seahawks 73%
#6 267 Baltimore Ravens 68%
#7 278 Dallas Cowboys 68%
#8 258 Kansas City Chiefs 64%
#9 256 New England Patriots 63%
#10 262 New York Jets 62%
View All: NFL |  NBA |  NCAAF |  NCAAB |  MLB |  NHL

NFL Futures

NFL TEAM CONFERENCE ODDS CURRENT
DENVER BRONCOS 3/2
GREEN BAY PACKERS 3/1
SEATTLE SEAHAWKS 4/1
INDIANAPOLIS COLTS 5/1
DALLAS COWBOYS 5/1
NEW ENGLAND PATRIOTS 11/2
SAN DIEGO CHARGERS 6/1
SAN FRANCISCO 49ERS 7/1
PHILADELPHIA EAGLES 8/1
ARIZONA CARDINALS 9/1
View All

Privacy Policy | Terms of Service | Contact Us | Advertising | 888-99-SPREAD

THIS IS NOT A GAMBLING SITE – If you think you have a gambling problem click here.

Disclaimer: This site is for informational and entertainment purposes only. Individual users are responsible for the laws regarding accessing gambling information from their jurisdictions. Many countries around the world prohibit gambling, please check the laws in your location. Any use of this information that may violate any federal, state, local or international law is strictly prohibited.

Copyright: The information contained on TheSpread.com website is protected by international copyright and may not be reproduced, or redistributed in any way without expressed written consent.

About: TheSpread.com is the largest sports betting news site in the United States. We provide point spread news, odds, statistics and information to over 199 countries around the world each year. Our coverage includes all North American College and Professional Sports as well as entertainment, political and proposition wagering news.

©1999-2013 TheSpread.com