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Read / Add Comments A former construction executive with Bloomberg LP was sentenced to 3½ years in federal prison Tuesday in connection for masterminding a bid-rigging scheme that prosecutors said netted him an estimated $1.45 million in bribes. Anthony Guzzone of Middletown admitted last summer that he ducked taxes on the dirty money by not reporting it to the IRS. It was part of more than $6 million that federal authorities said he and other Bloomberg managers collected – in cash – from subcontractors over more than eight years Guzzone, 52, also got free construction work on his home and tickets to the Super Bowl and other major events, said Principal Deputy Assistant Attorney General Richard E. Zuckerman of the U.S. Justice Department’s Tax Division. ....
Share via Shortlink Turner Construction CEO Peter Davoren (front) and Michael Bloomberg with 120 Park Avenue (left) and 919 Third Avenue, Bloomberg buildings where renovation costs were inflated in exchange for kickbacks, authorities say. A small Queens glass company sent out a letter in 2017, alerting clients that it had fired three of its employees. It did not say why, but that became clear soon enough. Authorities had discovered an alleged bribery scheme centered not on little-known Jonathan Metal & Glass but on Turner Construction and Bloomberg. Executives from the two giant firms were charged with accepting millions of dollars’ worth of payoffs in exchange for inflating interior construction contracts. ....