Mineola - (WALK) A former chief financial officer for a company that owned and operated more than 50 Dunkin' Donuts stores may spend more than four years behind bars for stealing more than $4290,000 from his employer, according to Nassau County prosecutors.
Prosecutors say Christopher Cortese, 57, of Rockville Centre used the money for personal expenses, and to support two girlfriends in a bogus consulting business. Cortese had pleaded guilty to grand larceny.
Cortese was CFO for Kainos Partners Holding Co. Inc., when the company became aware of his spending habits, including $100,000 for meals and travel expenses, $60,000 on gift cards and approximately $53,000 for a home office.
Cortese employed two women as consultants, paying one about $109,000 for "information technology" services, and paid the other woman $20,000 for an unspecified, but also fictitious job. Neither woman was identified by law-enforcement officials.
"Mr. Cortese hurt innocent colleagues of the company he defrauded and violated the trust all employers put in their employees," said Nassau District Attorney Kathleen Rice in a statement Thursday.
Cortese was sentenced Thursday to 1 1/2 to 4 1/2 years in prison. He was also ordered to repay the stolen money to his former employer, which had reportedly filed for bankruptcy protection.