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Pilot Flying J OK to Pay Back Customers, Auditors Say

KNOXVILLE, TN — Pilot Flying J’s auditors have checked the travel stop chain’s numbers and found the truckstop correctly calculated the amount owed to trucking companies in the aftermath of a federally-investigated fuel rebate program.

 Accounting firm Horne LLP reviewed Pilot Flying J's earlier internal audit as a condition of its federal class action settlement late last year in which the truckstop operator identified companies it owed money to.

Only three months after an FBI raid on Pilot Flying J offices, Horne reviewed almost 8,000 accounts from early 2005 to mid 2013.

Pilot Flying J and its CEO Jimmy Haslam have denied any foul play, with Haslam also denying any knowledge of the suspected scheme to scam customers out of owed money—allegedly funneling those monies into company pockets to inflate profits.

Ten former Pilot Flying J employees have pleaded guilty for their roles in the scheme, but none have been sentenced and are reportedly cooperating with officials who are continuing their investigation.

The truckstop company isn’t out of the woods yet, however, as it still faces several other lawsuits from companies that refused to take Pilot Flying J’s settlement, which is now estimated to cost over $90 million. 

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It's humorous that the media will print a PR release about Pilot Flying J's own external auditors (who they pay handsomely) verifying the numbers as opposed to a truly independent firm hire by someone other than the company. Also, how can you print that "Pilot Flying J and its CEO Jimmy Haslam [both] have denied any foul play" when in fact some employees have pleaded guilty and Pilot has even admitted that some of its employees were engaged in wrongdoing.

Pilot Flying J as an entity have denied wrongdoing, as has Jimmy Haslam as an individual. The sales team members responsible for the fraud were basically told, "you're on your own for this" and most of them have been cut loose by Pilot. Look at it this way, Chuckles: picture Pilot as a tree, and the fraudulent sales team members as rotting branches. Pilot cut off those branches, absolving the company as a whole. The tree is still good, but the nasty bits were removed and are now being dealt with.