Warrant issued for subject accused of embezzling from Evans and Associates

October 19, 2021 | Courts

UPDATE: Krout arrested

NEWKIRK — Krout was booked in the Kay County Detention Center on Oct. 20 and is free on bond.

NEWKIRK — A warrant is issued for Shelby Dale Krout, 27, Newalla, by the Kay County District Court.

On Oct. 7, Krout was charged with felony counts of embezzlement, false declaration of ownership in pawn and a misdemeanor count of false declaration of ownership in pawn.

Ponca City police report that on May 24, officers began investigating a report of embezzlement at Evans and Associates.

Det. Sgt. Brian Dye reports in the affidavit that a concrete saw was reported stolen and believed to be pawned at I-Deal Pawn by Krout. Evans and Associates had reportedly purchased eight concrete saws from Brandt’s with two remaining in inventory but one of those is unaccounted for.

Shelby Dale Krout

Dye reports that Krout is accused of pawning five of the eight saws and that one was pawned two times for a total of six pawn transactions. Total loss on the saws is reported by Dye as $5,472.96. Krout reportedly received a total of $1,700 for the pawns.

Evans and Associates Vice President Rick Allensworth, reportedly told police that he was driving by a pawn shop when he saw an Echo concrete saw sitting outside. Allensworth told police he went inside the pawn shop and was told Krout pawned the item. He was able to verify that the saw belonged to Evans and Associates.

Allensworth reportedly told police that Krout was employed at the business from April 16, 2019 until March 2, 2021.

Mary Robison, owner of Sharp’s Pawn Shop, reportedly told police Krout pawned a saw on Jan. 19.

John Ward, owner of I-Deal Pawn Shop reportedly told police that Krout has pawned five saws since November of 2019 and that the total amount given for the saws is $1,400. Ward reportedly told police that four of the saws were sold and that the other one was for sale when he learned it was stolen.

On June 7, Dye reportedly spoke to Krout on the phone. 

Krout reportedly told Dye that all of the saws he took went to the pawn shop. He reportedly admitted to taking three saws and reportedly admitted to pawning some of the saws more than once. He reportedly stated that he pawned the saws so that he could obtain drugs.

Bond in the case is endorsed at $5,000.

There are other cases pending against Krout.

On March 9, 2021, Krout was charged with two felony counts of assault and battery on a police officer and two misdemeanor charges. He was arrested on the charges but released on $75,000 bond.

On May 25, 2021, Krout was charged with a felony count o injuring or burning a public building. He was arrested and released on $2,500 bond. Court dates are scheduled.

Anyone with information on Krout’s location is asked to call police.