HARTFORD, Conn. (AP) — A Redding businessman has been sentenced to two and-a-half years in prison and ordered to pay nearly $350,000 in restitution for overcharging municipalities and schools for arranging for electricity suppliers.
Raymond Sanzone pleaded guilty to larceny in the first degree.
He was sentenced on Friday to eight years in prison, suspended after two-and-a-half years served, and five years’ probation.
Sanzone will pay $214,224 in restitution and another $128,218 while on probation.
Authorities say he overcharged schools and municipalities by more than $500,000 by increasing his commission on contracts he arranged to provide for electricity.