Thursday, August 8, 2013

Tennessee Man Charged With Embezzling Nearly $100K From Equipment Company

From the Kingsport Times-News on 6/10/13:

 Kingsport man contracted to sell Snap-On equipment has been arrested after allegedly failing to compensate the company for nearly $100,000 in merchandise.

Kevin Scott Hamilton, 41, of 5110 Springview St., was charged Wednesday with felony embezzlement and theft over $60,000. According to police and court records Hamilton is the owner of Hamilton Equipment Solutions, LLC, located at 116 Regional Park Drive.

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The Snap-On representative claimed Hamilton sold the items to multiple third parties, but failed to compensate Snap-On for the merchandise. Kingsport Police Det. Monica Swayze says the company has had multiple correspondences with Hamilton regarding the outstanding balance — tallied at $93,199.81 — but had been unable to collect the money.
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