
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, June 16, 1993                   TAG: 9306160222
SECTION: VIRGINIA                    PAGE: C-4   EDITION: METRO 
SOURCE: MARK MORRISON STAFF WRITER
DATELINE: BEDFORD                                LENGTH: Short

EX-EMPLOYEE CHARGED WITH LARCENY

A Goodview man has been charged with creating a fictitious company to divert more than $56,000 into his personal bank account from a Texas fuel company that operates a sales terminal in Montvale.

Billy Eugene Belcher Jr., 34, has been charged in Bedford County with five counts of grand larceny.

According to search warrant affidavits filed in Bedford and Roanoke counties, Belcher was the manager of the Star Enterprise Sales Terminal in Montvale and submitted fraudulent invoices for a fictitious company, J&B Equipment.

Then, as manager, he approved payment of the invoices, totaling $56,190 from August 1991 to December 1992.

In all, 27 checks were written to J&B Equipment and marked "for deposit only," according to the affidavits.

The search warrant was issued to obtain bank records from Central Fidelity Bank in Vinton for J&B Equipment; Billy Belcher; and his wife, Jane.

Bank records show that a single account had been set up under the names Jane Belcher, Billy Belcher and J&B Equipment.

Fourth-quarter 1992 statements showed deposits totaling $16,475 and withdrawals of $17,000. It was set up in July 1992 and closed this February.

Belcher was fired from Star Enterprise, headquartered in Houston, in January.

by CNB