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HomeLatest NewsConnecticut Man Embezzled $300K from Employers, Used It for Gambling

Connecticut Man Embezzled $300K from Employers, Used It for Gambling

John Jeffrey Farrar, 63, of Lisbon, Connecticut, has been accused of stealing nearly $300,000 from the concrete company where he worked, allegedly using tens of thousands of that sum for travel and gambling.

How Did the Scheme Work?

The company, which operates ready-mix concrete batch plants in Willimantic and Manchester, discovered that Farrar allegedly diverted funds by voiding completed transactions. According to the state police warrant affidavit, Farrar allegedly collected cash payments from drivers after they delivered concrete to customers. He then voided the transactions, citing reasons such as a customer refusing the delivery or an error in the concrete batch.

A forensic review of the company’s financial records allegedly uncovered more than 230 voided delivery tickets between January 2023 and October 2025, totaling just under $300,000, a police affidavit said. Investigators also identified an additional $695,271 in allegedly voided transactions dating back to 2005, though state police noted that those transactions fell outside the five-year statute of limitations.

Investigators obtained a search warrant to examine Farrar’s bank records and found that he allegedly deposited more than $1 million between October 2019 and March 2026. The deposits reportedly included $157,858 made at an ATM in Willimantic, $118,256 at an ATM in Canterbury, and $64,948 at an ATM in Norwich.

State police also alleged that Farrar spent approximately $150,000 on gambling-related transactions. Additionally, he allegedly spent more than $93,000 on travel and cruises, and over $170,000 on consumer loans and credit card accounts, according to the warrant affidavit.

How Was Farrar’s Scheme Busted?

The warrant affidavit says the alleged scheme came to light after a customer complained about an August 2025 delivery, claiming it damaged their septic system. When the concrete company attempted to resolve the complaint, it was unable to find a record of the delivery.

An employee who asked Farrar for help locating the invoice told investigators that Farrar allegedly suggested simply repairing the septic system, the affidavit said. Surveillance footage from the company’s Willimantic plant later showed the driver who made the delivery returning to the facility and handing Farrar the customer’s cash payment, state police wrote.

The company subsequently identified six instances over a period of just over a month in which Farrar was allegedly given cash for deliveries. In each case, investigators found that the corresponding delivery ticket had allegedly been voided and the order canceled, according to the warrant affidavit.

Farrar was arrested last week on an active warrant charging him with first-degree larceny, first-degree computer crime and second-degree money laundering. He is currently free on a $250,000 bond and is scheduled to appear in Danielson Superior Court later this month.

In other news from Connecticut, the Connecticut Department of Consumer Protection issued cease-and-desist orders to nine prediction markets to stop sports bets.

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