A former Bloomberg executive has been sentenced to 38 months in prison for evading taxes on more than $1.45 million in bribes he received from building subcontractors. Anthony Guzzone, a former director of global construction at Bloomberg, previously pleaded guilty to those charges.

In related proceedings, co-conspirator Michael Campana, a subordinate construction manager at Bloomberg, was sentenced on July 24, 2020 to 24 months in prison, for evading taxes on more than $420,000 in the same scheme. In addition, Ronald Olson and Vito Nigro, two managers of Turner Construction, which performed projects for Bloomberg, have separately pleaded guilty to evading taxes on more than $1.4 million and $1.8 million in bribes that they respectively received in the same scheme. Olson is scheduled to be sentenced on February 3, 2021 before U.S. District Judge P. Kevin Castel, and Nigro is scheduled to be sentenced on March 8, 2021 before U.S. District Judge Analisa Torres.

“Bribery and tax evasion impose hidden, unfair costs on the law-abiding public. The type of criminality uncovered in this case imposes that burden widely, on customers, on employers and on fellow taxpayers. It is intolerable in a just society,” said U.S. Attorney Audrey Strauss.

Background

The investigation focused on the period between 2011 and 2017 when Guzzone worked at Bloomberg. During that period, Olson and NiGro worked at Turner, which performed construction projects for Bloomberg. Campana began working for Bloomberg in 2013.

According to a release from the U.S. Attorney’s Office of the Southern District of New York, each of the defendants participated in a scheme to obtain bribes from subcontractors, who paid kickbacks in exchange for being awarded various construction contractors and subcontracts performed for Bloomberg.

The four defendants have been charged with failing to pay federal income taxes between 2010 and 2017 on bribes exceeding $5.1 million.

The defendants received such bribes in various forms, including millions of dollars in cash, as well as construction projects on their individual homes and properties, and the direct payment of personal expenses. Such personal expenses included Guzzone’s receipts of several sets of Super Bowl tickets, worth approximately $8,000 per ticket and Campana’s receipt of charges related to his 2017 wedding, such as approximately $40,000 paid by subcontractors to a catering hall in New Jersey, over $13,000 to a photography studio and over $23,000 to a travel agent for airline tickets purchased in connection with Campana’s honeymoon. Each of the defendants evaded federal income tax on this bribery income, by failing to declare it on income tax returns for various years between 2010 and 2017.

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