Ex-EDS Unit CFO Sentenced To One Year, One Day In Prison
In a press release, the U.S. Attorney's office in Manhattan said
Prosecutors also announced that John Fasciana, an attorney and certified public accountant, was sentenced to two years in prison on Monday.
Amato, of Wyckoff, N.J., and Fasciana, of Bedford Hills, N.Y., were each
convicted of criminal charges in the matter in
Amato was convicted of one count conspiracy to commit mail fraud and wire fraud and two counts of mail fraud, while Fasciana was convicted of one count of conspiracy to commit mail fraud and wire fraud, eight counts of mail fraud and three counts of wire fraud.
Prosecutors had alleged that the men participated in an elaborate scheme to defraud EDS out of millions of dollars.
The government said Amato and Fasciana allegedly helped the now-deceased head of the Global Securities Industry Group and others divert checks sent to EDS and launder those checks through Fasciana's attorney-trust account. The men also allegedly helped falsify the unit's books and records to met revenue and profit targets, prosecutors said.
"Our position is John is innocent," Fischetti said.
A lawyers for Amato didn't immediately return phone calls seeking comment late Tuesday.
(END) Dow Jones Newswires