MillerCoors LLC says an internal investigation found two veteran employees embezzled millions of dollars.
The men accused of the theft worked in a unit that sells beer to restaurant and bar chains, Bloomberg reported.
“We are disappointed by this betrayal of pride and integrity by two longtime employees of the company,” chief executive Tom Long said this week in a company memo reviewed by Bloomberg. “MillerCoors is seeking to recover the stolen funds from a combination of insurance and restitution in the criminal process.”
MillerCoors has referred the case to federal authorities for criminal prosecution.