A Seymour, Indiana electrician, Clyde Shane Hatton, 47, has been charged with one count of wire fraud for allegedly embezzling over $200,000 from his employer. The U.S. Attorney's Office for the Southern District of Indiana announced the charge, stemming from a scheme that ran from October 2020 to February 2022.
According to court documents, Hatton, employed by a corporation that designs, manufactures, and distributes engines and vehicle parts, used his company credit card to purchase wire and other equipment. He then sold these items to a scrap yard 107 times, keeping the proceeds for personal use. Hatton concealed his actions by submitting false receipts, claiming the purchases were legitimate business expenses. In total, he embezzled approximately $202,173.51.
The FBI Indianapolis Field Office investigated the case. Hatton has agreed to plead guilty, with a federal district court judge scheduled to enter his change of plea at a later date. U.S. Attorney Wheeler thanked Assistant U.S. Attorney Meredith Wood for prosecuting the case.