Plainville contractor sentenced to 20 months for stealing $3.3M from employees

The former owner of Plainville’s Ferguson Electric and Ferguson Mechanical Co. Inc. will spend 20 months in federal prison for bilking more than $3.3 million from his 300-plus employees, prosecutors say. Lee Furguson, 62, of Farmington, was also sentenced Monday in Hartford federal court to one year of supervised release and ordered to pay a $200,000 fine for stealing about $1.60 to $3.15 an hour from each of his employee’s fringe benefits as a “third party administrator fee” for the employees’ pension plans, the Connecticut U.S. Attorney’s Office said.

https://www.hartfordbusiness.com/article/plainville-contractor-sentenced-to-20-months-for-stealing-33m-from-employees

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