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Former Utility Employee Charged with Selling Fleet Vehicles for Personal Use

June 30, 2017

A former utility contractor employee has been charged with selling fleet vehicles and using company funds for personal use.The thefts were discovered after an audit of the company’s fleet found that vehicles were sold without authorization and the sale revenue was missing.

Paul Hartman, a safety officer for Saber Power in Texas that managed its fleet, allegedly sold company vehicles without permission and kept the revenue, reports ABC 13. He also allegedly used company credit cards to remodel his home and outfit his boat. Hartman is facing two felony charges.

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A specialized version of an open end lease used in the United States primarily for automobiles and light-duty trucks. TRAC is an acronym for "Terminal Rent Adjustment Clause," an arrangement featuring a final rental adjustment on the lease which occurs after the vehicle is removed from service and sold.

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