A construction project on the rocks in Connecticut has ended in fraud – literally. William Sacco, a 49-year-old from Pelham, New Hampshire, was sentenced to three months in prison for his involvement in a construction project fraud scheme.
According to court documents and statements made in court, Sacco was a project manager for a Massachusetts-based mechanical contractor from June 2014 to December 2017. During this time, Sacco conspired to defraud his employer and the owners of certain projects he managed by inflating change orders on the projects.
A co-conspirator subcontractor, who owned an insulation company, made more than $200,000 in payments to Sacco and also for Sacco’s benefit, including payments for Sacco’s children’s college tuition, a graduation party, a Mac laptop, airline tickets, hotels, and Sacco’s rent. Sacco and the co-conspirator submitted inflated change orders to Sacco’s former employer to offset some of the costs of the payments the co-conspirator made to Sacco.
Sacco was arrested on November 22, 2021. On February 14, 2022, he pleaded guilty to one count of conspiracy to commit wire fraud.
Judge Kari A. Dooley ordered Sacco to pay restitution of $41,195.85, which was paid in full prior to the sentencing. Sacco, who is out on a $50,000 bond, is required to report to prison on September 6.
The investigation was conducted by the Federal Bureau of Investigation and the Defense Criminal Investigative Service. The case is being prosecuted by Assistant U.S. Attorney David T. Huang, with assistance from the Antitrust Division, New York Office.
This egregious example of construction project fraud serves as a reminder of the importance of transparency and accountability in the construction industry. Sacco’s actions have caused harm to his employer and the owners of the projects he managed, and he will now face the consequences of his actions.
Related Federal Cases
- William Sacco, Conspiracy to Commit Wire Fraud, Connecticut 2021 · Oklahoma
- Vishal Dhar, Tax Evasion, Connecticut 2023 · Connecticut
- Steven Ware, Bank Fraud and Identity Theft, Massachusetts 2024 · Connecticut
- Walter Rodriguez, Tax Fraud, New Hampshire 2013 · Connecticut
- Albania Deleon, Fraud, MA 2011 · Connecticut
Key Facts
- State: Connecticut
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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