Former Coca-Cola employee sentenced for stealing over $400k - CBS46 News

Former Coca-Cola employee sentenced for stealing over $400k

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A former employee of Atlanta-based Coca-Cola has been sentenced after he stole hundreds of thousands of dollars in company money and used it to pay alimony, rent and on gifts.

Jeffrey David Shamp, 40, was sentenced to two years and three months in prison. While working as a senior national account executive for the beverage company, Shamp siphoned more than $400,000 in corporate American Express gift checks to use for non-work-related purposes. The theft took place from 2005 until 2011.

In his position, Shamp was allowed to order the gift checks to be used for a sales incentive program for Coca-Cola customers.

Shamp will also have to pay $411,550 in restitution to Coca-Cola.

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