Odessa trucking company CEO blames closure on embezzlement
An Odessa-based oilfield trucking company abruptly shut its doors amid claims from the CEO that embezzlement by another top executive left the company “in shambles.”
The company of about 400 employees has six field locations, all in West Texas. And several people identifying themselves as employees of SanJan tell of layoffs and say they await paychecks.
CEO Clint Fletcher offered few details about the alleged theft during an interview with CBS-7. He did not confirm reports of layoffs and said SanJan leaders are working “to make sure that we save the company and do the right thing by everybody attached with it and make sure that we take care of everyone.”
He also said “payroll has been made to date.”
Fletcher said an executive who handled finances “misappropriated a number of things” before other company officials and a lender discovered the “foul play” within the past six weeks. Fletcher declined to specify how much money was taken or to identify the employee by name.
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