A 54-year-old Strathroy woman has been sentenced to four years in prison after pleading guilty to stealing nearly $1.4 million from her former employer, Try Recycling.
Tracy Ferreira, who has also been known by the names Tracy Greven and Tracy Ferreira-Thomson, was sentenced Thursday, November 5th, by Ontario Court Justice Brian White.
The court heard that Ferreira stole a total of $1,387,422.13 from the Strathroy-based business over approximately two-and-a-half years, between January 2021 and October 2023.
The fraud was eventually brought to light after an observant customer noticed Ferreira appeared to be living a lavish lifestyle that seemed inconsistent with her income. The customer raised concerns, prompting further scrutiny.
In addition to the four-year prison sentence, Ferreira has received a lifetime prohibition from holding any employment position involving the handling of money.
The case also revealed a troubling history of similar offences. Ferreira had three previous fraud convictions dating back to 1999, 2009 and 2013, involving other employers and convictions under different names.
The latest case represents a significant financial loss for Try Recycling and raises further questions about how the fraud continued for such an extended period.
Ferreira’s sentencing brings the criminal proceedings surrounding the multi-million-dollar theft to a significant conclusion.
Written by: myFM News