Long prison sentence in $6.5M store embezzlement

An employee who almost ruined a small grocery chain in southwestern Michigan has been sentenced to more than seven years in prison for embezzlement.
AP Wire
Jul 30, 2013

Christopher Pratt admits he stole more than $6 million from Village Market Food Centers, based in South Haven, while handling the financial books.

He was sentenced Monday in Kalamazoo federal court.

The 42-year-old Portage man had a gambling problem and a love of vintage cars. He lost more than $250,000 while gambling in 2011 and bought or leased more than 50 cars.

The government said Pratt's crime nearly destroyed Village Market. The chain survived, but workers were cut along with pay and benefits.

Comments

Say no to new taxes

I wouldn't call seven years a long sentence for someone who stole $6,000,000 and cost 175 workers their jobs. Obviously, he stole enough to hire a good lawyer. If you spent some time in a courtroom, you'd see people getting much longer sentences for stealing $10,000 or $20,000. In America, you get all of the justice you can afford.

LessThanAmused

Amen to that!

GrandHavenJohn

The only thing more ridiculous than the sentence is that a business of that size failed to maintain a system of checks and ballances, accounting audits etc... in place. We see this happen over and over and over again in businesses, schools, churches, you name it. When will people wake up and realize you are inviting this type of crime when you are asleep at the wheel?

Post a Comment

Log in to your account to post comments here and on other stories, galleries and polls. Share your thoughts and reply to comments posted by others. Don't have an account on GrandHavenTribune.com? Create a new account today to get started.