Seymour Electrician Charged with Embezzling $200k from Employer

NEW ALBANY- Clyde Shane Hatton, 47, of Seymour Indiana, has been charged with one count of wire fraud.

According to court documents, from October 2004 through February 2022, Hatton was employed in various electrician-related roles by Victim Company A, a corporation that designs, manufactures, and distributes engines and vehicle parts. As part of his employment, Hatton was issued an employee credit card for business-related expenses.

Beginning in October 2020, Hatton carried out a scheme to defraud his employer by purchasing wire and other equipment with no intention of using the items for work duties. Instead, he sold the wire to a scrap yard and kept the proceeds for his personal use. Hatton concealed the scheme by submitting receipts and falsely claiming the purchases were legitimate business expenses.

In total, Hatton embezzled approximately $202,173.51 from his employer and sold fraudulently obtained wire to the scrap yard 107 times.

The FBI Indianapolis Field Office investigated this case. Hatton has agreed to plead guilty, and a federal district court judge will enter his change of plea at a later date.

U.S. Attorney Wheeler thanked Assistant U.S. Attorney Meredith Wood, who is prosecuting this case.

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