TORONTO – A former employee who defrauded the LCBO of more than $2.1 million has been sentenced to almost four years in prison.
Francois Agostini, 59, was also ordered to pay more than $1.4 million in restitution to the LCBO’s insurer, Chubb Insurance.
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Agostini pleaded guilty before Tuesday’s sentencing.
He had already committed $713,000 toward paying back the stolen $2.1 million that includes half a million dollars found hidden in a crawl space at his home along with hundreds of bottles of liquor.
The judge said Agostini took advantage of his position at the LCBO, where he was in charge of a program designed to give discounts to embassy and consular officials.
A forensic audit found Agostini had stolen between $2.1 million and $2.7 million from the LCBO between 1998 and 2012.
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