Fire alarm repair company execs plead guilty to swindling NYC agencies for a decade https://t.co/gZtsdObLv9
NYC corruption beat: in EDNY today Walter Stanzione & William Neogra, principals of a fire alarm maintenance company, pled guilty to a decade-long scheme to defraud the City of New York by seeking payment on millions of dollars of grossly inflated fraudulent bills https://t.co/T2bfXYgJ4R
(1/2) “For over a decade, the City of New York relied on the defendants to ensure that the fire safety systems in hundreds of city buildings were in safe, working order,” stated United States Attorney Durham.
Two executives from a fire alarm repair company, Walter Stanzione and William Neogra, have pleaded guilty to a decade-long scheme to defraud New York City agencies. The U.S. Attorney's Office announced that the defendants submitted grossly inflated invoices for fire safety services, leading to millions of dollars in fraudulent payments. The scheme took advantage of the city's reliance on these executives to maintain fire safety systems in various city buildings. The guilty pleas were made public following an announcement by the Eastern District of New York, in collaboration with the FBI and other agencies.