- Associated Press - Wednesday, December 2, 2015

NEW YORK (AP) - A former Citigroup executive has been sentenced in connection with a kickback scheme.

John Cassisi, a former child actor and director of global construction at Citi Realty Services, was sentenced Tuesday to two to six years in prison. He was charged with money laundering and bribery.

Prosecutors say he accepted $500,000 in bribes in exchange for steering contracts to certain firms.

Citi Realty manages Citigroup’s offices and branches.

Cassisi’s attorney says his client accepts responsibility for his actions.



A spokesman for Citigroup Inc. tells The New York Times that the corporation was appalled by Cassisi’s actions.

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide