We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

NYC Consultant Pleads Guilty In $80M CityTime Fraud

Law360 (February 10, 2011, 7:05 PM EST) -- A consultant who allegedly helped defraud New York of $80 million while working on the Big Apple's CityTime timekeeping project has pled guilty to charges of bribery and money laundering.

Victor Natanzon pled guilty to four counts on Tuesday in the U.S. District Court for the Southern District of New York, according to court records. He faces a maximum sentence of 40 years in prison, the plea agreement said. The conspirators allegedly used shell corporations to launder the funds.

Natanzon, along with consultants and co-defendants Mark...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.