Business Owner, Ohio Official Charged In Kickback Probe

Law360, New York (October 21, 2011, 4:44 PM EDT) -- A federal grand jury returned an indictment Thursday in Ohio against electrical-business owner Michael Forlani and embattled former Cuyahoga County Commissioner Jimmy Dimora, alleging that they participated in a kickback scheme over government contract work.

Authorities arrested Forlani, owner of several Cleveland-area businesses, including Northeast Ohio Electric LLC, Friday morning on eighteen counts of racketeering, mail fraud and other related charges. The indictment alleges that he made payments to Dimora and other local officials in exchange for government contracts and other benefits.

Dimora, who was arrested...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.