The former chief executive of Tyco International, sentenced from 8.33 to 25 years for embezzlement, was approved for a work release program last month. The New York State prisoner, L. Dennis Kozlowski, had been convicted of financial crimes in 2005 due to his taking $81 million in “unauthorized bonuses.”
The audacity of Kozlowski’s theft captured the public’s imagination when it was reported at the time, for spending $6,000 of company funds for shower curtains. He also purchased art with $14.725 million in Tyco’s money.
An article on the Nasdaq website said the work release program was a routine state matter based on eligibility rules for non-violent inmates. “The program would see him released from Mid-State Correctional Facility and into a minimum security facility.”