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Aside from standing convicted of bribery conspiracy, Rizzo also was sentenced for conspiring to dedicate wire fraud. Rizzo experienced embezzled around $900,000 from RES whilst Rizzo served as being the CEO of the company. At enough time, RES’s owners included a Ny personal fairness business. The buyers within the private equity firm incorporated the Boy Scouts of The united states as well as Montana and Arizona point out staff pension cash. Rizzo’s fraud conspiracy befell in between 2014 and 2016, and Rizzo made use of a variety of techniques to steal revenue from RES for his individual enrichment.
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