- Associated Press - Friday, April 3, 2015

NEW LONDON, Conn. (AP) - A Brooklyn, Connecticut man has been charged with embezzling more than $1.1 million from a Waterford gravel company.

The Norwich Bulletin reports (https://bit.ly/1DuiI9y ) that 51-year-old Todd Francis was arraigned Monday on larceny charges.

He is accused of manipulating the books at Kobyluck in Waterford, pocketing payments made for deliveries to construction sites.

Francis, who was the company’s operation’s manager, was fired in 2014. The company says it completed an audit in March that showed it was missing about $1.14 million as a result of Kobyluck’s activities.

Attempts to reach Kobyluck for comment on Friday failed. A listed phone number had been disconnected. He is free after posting a $75,000 bond.

Kobyluck told police he suffers from bipolar mania, a mental disorder that can lead to risky behavior.


Information from: Norwich Bulletin, https://www.norwichbulletin.com

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