Pink Slip, then prison
I bet getting fired on the spot will be the least of his worries. His new career will be manufacturing license plates in the state prison at 14 cents an hour (which will go to restitution and once that is paid, he can spend it at the commissary). And he'll get free cable tv (that I pay for the privilege of having in my home since I am a law abiding citizen).
I bet the victim will get a nice settlement which will be much higher than the refund he was asking for and his lawyer will get a third of the recovery.
Back when I was in high school, there was a former bus driver who was fired from the city for behaving inappropriately with the passengers. He then had a job selling cell phones at one of those "authorized agent" kiosks at the local mall (before the corporate stores took over and put the authorized agents out of business).