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唐朱昌
唐朱昌
教授,博士生导师。复旦大学中国反洗钱研究中心首任主任,复旦大学俄...
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陈浩然
陈浩然
复旦大学法学院教授、博士生导师;复旦大学国际刑法研究中心主任。...
何 萍
何 萍
华东政法大学刑法学教授,复旦大学中国反洗钱研究中心特聘研究员,荷...
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李小杰
安永金融服务风险管理、咨询总监,曾任蚂蚁金服反洗钱总监,复旦大学...
周锦贤
周锦贤
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童文俊
童文俊
高级经济师,复旦大学金融学博士,复旦大学经济学博士后。现供职于中...
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汤 俊
武汉中南财经政法大学信息安全学院教授。长期专注于反洗钱/反恐...
李 刚
李 刚
生辰:1977.7.26 籍贯:辽宁抚顺 民族:汉 党派:九三学社 职称:教授 研究...
祝亚雄
祝亚雄
祝亚雄,1974年生,浙江衢州人。浙江师范大学经济与管理学院副教授,博...
顾卿华
顾卿华
复旦大学中国反洗钱研究中心特聘研究员;现任安永管理咨询服务合伙...
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上传时间: 2020-11-23      浏览次数:1069次
Recology Executive Charged With Money Laundering And Bribery

 

https://www.thesfnews.com/recology-executive-charged-with-money-laundering-and-bribery/70782

 

The Federal Bureau of Investigations (FBI) announced on Wednesday, November 18 that Paul Fredrick Giusti, former Recology executive, was charged with money laundering and bribery.

 

In a criminal complaint, the FBI stated that Giusti, 64, was “engaged in a long-term scheme to defraud the public of its rights to honest services and laundered money in the process.”  Giusti gave more than $1 million with other benefits to San Francisco’s former Director of Public Works, Mohammed Nuru, to influence his choices in order to benefit Recology, a company that focuses on resource recovery.

 

On Twitter, the FBI San Francisco branch said that these are “the latest charges filed related to the ongoing public corruption investigation involving SF city government officials.”

 

For one of the payments, which was $20,000, Giusti disguised the payment as a donation to a non-profit organization to “create the false appearance of a legitimate charitable intent,” according to the complaint.

 

In addition, Giusti is accused of helping Nuru’s son get employed at Recology.  But after that was discovered, Nuru’s son was fired.  Then, Giusti helped him get a “Recology-funded internship at yet another non-profit, paid for by a grant for a summer youth internship program,” the complaint states.

 

According to the San Francisco Examiner, Recology said in a statement that Giusti was fired in June 2020 and said the company “has not been charged with any wrongdoing, and has continued to cooperate with all government investigations.”

 

Giusti will appear in federal court on Monday, November 23 in front of United States Magistrate Judge Jacqueline Scott Corley in San Francisco, California.

 

As stated in the criminal complaint, if convicted with bribery, Giusti could be facing a fine of $250,000 and a maximum sentence of a decade in prison.  If convicted with concealment money laundering, he could either be fined $500,000 or double the property value in the transaction next to a maximum sentence of two decades in prison.

 

Mohammed Nuru and Nick Bovis, a restaurateur, were arrested in January 2020 for allegedly bribing an airport commissioner money and a vacation at the San Francisco International Airport to open a restaurant.  Bovis pleaded guilty in May 2020 on fraud charges.  Nuru pleaded guilty for perjury and fraud.

 

On his Twitter account five days prior to his arrest, Nuru shared a photo from the National Governors Association in San Francisco tweeting: “Enjoying touring the Salesforce Transit Center with our Governor @GavinNewsom and Governors from Maryland and Montana.”