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After more than a year of investigations, including civil settlements and a number of guilty pleas, Pilot Flying J has reached a settlement with the federal government in the ongoing fuel rebate scandal.
The Tennessee truck-stop giant will pay $92 million in penalties as part of a criminal enforcement agreement with the federal government. Pilot Flying J and majority owner Jimmy Haslam have committed to making full restitution of more than $56 million to their customers. The final seven outstanding cases were consolidated earlier this year, but approximately 50 additional companies have reserved the right to file individual suits which could increase the price tag.
Pilot will avoid prosecution if they comply with these provisions and continue fully cooperating with the investigation. Compliance includes full disclosure of information relevant to the investigation as well as regular reporting on steps to implement stronger internal controls to prevent future fraudulent activities. Should Pilot fail to comply, they have agreed to accept federal criminal charges without contest.
Individual employees, however, are not exempt from potential prosecution as the investigation continues. New information may implicate more than the ten employees who have already pled guilty for their involvement in the fuel rebate withholding, and an additional 30 who have been penalized by Pilot are also mentioned in an FBI filing on the investigation.
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