Former Home Depot buyer pleads guilty in kickback scheme
posted by admin in Home Care ServicesAnthony Tesvich, a former highly paid Home Depot flooring buyer, pleaded guilty Monday in federal court in Atlanta to four crimes, including tax evasion and fraud.
He was the mastermind behind a kickback scheme that netted him millions of dollars and filled the pockets of several former Home Depot colleagues with hundreds of thousands of dollars in cash, plus gifts such as cars and luxury home improvements, according to documents filed in federal court. Tesvich was rewarding the former Home Depot managers for granting lucrative Home Depot contracts to certain hand-selected overseas companies that Tesvich had relationships with, the prosecutor said.
Tesvich “received enormous sums of money for himself to represent interests,” Fitzpatrick told the judge while summing up what the federal case against Tesvich would have been in a trial. There will not be a trial in the case, because Tesvich has negotiated a plea deal with prosecutors.
Fitzpatrick explained that Tesvich gave “cash in fast food bags that he called french fries and milkshakes to his former colleagues.”
For just one of the crimes, Tesvich could face up to 20 years in prison. But the prosecutor told Judge Richard Story that Tesvich has “cooperated with the government” during the investigation. This could lead to a lighter sentence. Story said during the hearing that there are no minimum mandatory sentences for the crimes, but that the maximum sentences for the four counts range from five years to 20 years for each count.
Tags: colleagues, Government, Home Depot, Home Improvement, hundreds of thousands, Improvements, lt, thousands of dollarsRelated posts
Did you enjoy Former Home Depot buyer pleads guilty in kickback scheme? Subscribe to RSS Feed.
Social Bookmarking
