Former Disney employee pleads guilty to stealing $15M worth of merchandise from Walt Disney World

A former Disney employee has pleaded guilty to theft and money laundering in connection with the theft of $15 million worth of Walt Disney theme park merchandise from the Walt Disney Resort in Orlando, Florida, authorities said.

A U.S. District Court judge in Orlando granted a preliminary peace agreement Thursday, allowing the former employee to be extradited to face sentencing.

The former employee is identified as William E. Hensley, who worked as an associate merchandising director for Walt Disney Parks and Resorts in Orlando.

Hensley was charged with five counts of wire fraud and five counts each of conspiracy to commit wire fraud, money laundering, and embezzlement of funds.

The first two counts are for conspiring to commit a felony of the third degree, punishable by up to 20 years in prison.

The fifth count is for embeaching funds from a governmental entity, punishable with up to five years in federal prison.

Hinsley has been scheduled to appear in federal court in Orlando in June.

He will be sentenced in November.