By paNOW Staff

Prison term sought for Alain Germain for stealing SIGA money

Sep 30, 2010 | 3:41 PM

Reported By Benson McCulloch
 

Alain Germain, the Saskatoon man who pleaded guilty to stealing $1.2 million from the Saskatchewan Indian Gaming Authority has had his sentencing delayed until Oct. 12.

In a joint submission, the prosecution and defence agreed that a three-and-a-half year prison term would be appropriate.

However, the judge decided an adjournment was necessary to review case law regarding restitution.

Germain's elaborate fraud involving cash machines and wire transfers was uncovered in May 2009.

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The 52-year-old quickly confessed to the crime and has readily admitted his guilt ever since.

Court heard he spent the money on a Rolex watch, flying lessons, expensive jewelry, home renovations, and vehicles.

SIGA has launched a civil court case in an attempt to recover the stolen money.