Former Turner exec gets 46 months for tax evasion, bribery

Dive Transient:

  • A previous vice president and deputy functions manager at Turner Design was sentenced this week in Manhattan federal court to 46 months in jail for evading taxes on more than $1.5 million in bribes he gained from subcontractors in link with assignments undertaken for worldwide money agency Bloomberg. 
  • Ronald Olson, 54, of Massapequa, New York, who previously pled responsible to the demand, was also sentenced to three decades of supervised release and requested to pay out restitution of $661,519 in unpaid taxes and interest, according to a push statement from the Office of Justice.
  • According to court docket paperwork, Olson participated in a plan to get hold of bribes from construction subcontractors, who compensated kickbacks in exchange for staying awarded contracts and subcontracts carried out for Bloomberg.

Dive Insight:

Turner officers responded to the information.

“The former Turner staff betrayed our enterprise, his fellow personnel and our core

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