Thursday, March 28, 2024

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Ruth Seguin sentenced to 4 years for stealing $3.4M from her former employer

First Published:

The Hamilton accountant who swindled $3.425 million from the insurance company she worked for has been sentenced to four years in prison.

57-year-old Ruth Seguin was the chief financial officer at Dan Lawrie Insurance and took small amounts of money at a time over five years. She says she stole the money to fund a serious opioid addiction that was costing her about $3000 a day.

Seguin pleaded guilty last month to defrauding her employer. The crown was asking for 4 and a half to 5 years, the defence 3 to 3 and a half years.

Lisa Hepfner was in court today and will have the latest on the Evening News.

 Related stories:

Hamilton Insurance brokerage CFO pleads guilty to embezzling $3.5M

Sentencing hearing for a Hamilton accountant who stole $3.5 million from her employer

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