Dick's Exec Gets 3 Years For Kickbacks

Law360, New York (January 23, 2012, 5:12 PM EST) -- A New York federal judge last week sentenced a former Dick's Sporting Goods Inc. real estate executive to three years in prison and ordered him to forfeit nearly $1.5 million for a scheme in which he collected some $2 million in kickbacks from developers.

In the Jan. 17 sentencing, U.S. District Judge David N. Hurd also ordered Joseph Queri, the 53-year-old former senior vice president of real estate for Dick’s, to pay $325,000 in restitution and to serve three years of supervised release, according to court...
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.