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In addition to standing convicted of bribery conspiracy, Rizzo also was sentenced for conspiring to commit wire fraud.  Rizzo had embezzled above $900,000 from RES when Rizzo served as the CEO of the business.  At some time, RES’s entrepreneurs incorporated a The big apple personal equity company.  The buyers within the non-public equity firm provided the Boy Scouts of The usa as well as Montana and Arizona condition employee pension funds.  Rizzo’s fraud conspiracy passed off in between 2014 and 2016, and Rizzo employed many different schemes to steal funds from RES for his personal enrichment.

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