Carter says Burkett, the chief financial officer of Coastal Supply Co., created a fictitious company, A&S Services, and authorized about 90 checks payable to that company. Those checks totaled more than $2.5 million and Carter says Burkett transferred the funds to private accounts.
Burkett dodged about $100,000 in state income taxes for the embezzled income, which helped pay for his Milford home and personal expenses.
Coastal Supply recovered about $2 million by selling Burkett's home.
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