Tracy City resident Wayne Charles Green pled guilty to theft of property over $60,000 but no more than $250,000, a Class B Felony, on January 2013. The theft was actually $148,901.22 from three accounts including Basham Industries, Basham Industries payroll account and Basham Farms account.
The sentencing hearing was held Thursday, April 18 in Grundy County Circuit Court. He was sentenced to 10 years in prison and ordered to pay $123,901.22 in restitution. The other $25,000.00 was paid by one of Basham Industries insurance policies.
Green was originally indicted in July 2012 in connection with money missing from his former employer, Basham Industries, where he was working as an assistant to the owner in administration, which included responsibilities for all office and bookkeeping functions, plus other training to prepare him for the ultimate reason he was hired, to carry the business forward should Basham become unable.
After his termination, a review of the books by auditors revealed that Green had embezzled funds from the company in excess of $100,000.00 actually totaling $148,901.22.
Speaking at the sentencing hearing, Glenn Basham, owner of Basham Industries, stated “the stolen amount, $148,901.22, consisted of 239 checks, 184 of which were over $500.00 each, which I understand could have been equivalent to 184 felonies on an individual basis. This created weeks of work for my staff and others to find all of the criminal activities.”
Since March 2013 Green had been employed as an office worker at Harmony Industries in Altamont, owned and operated by Jerral Parris.
Green, who also operated his own computer repair service business, worked on computers for several Grundy County businesses and individuals.