Ex-Exec Gets Prison For Hiding $1.5M Of Bribes From IRS

Law360, New York (June 15, 2021, 6:06 PM EDT) -- A Manhattan federal judge sentenced former Turner Construction executive Ronald Olson to 46 months in prison Tuesday for dodging taxes on $1.5 million of bribes he took in exchange for work contracts at Bloomberg LP's Park Avenue offices.

U.S. District Judge P. Kevin Castel also ordered Olson to make more than $661,000 of restitution and directed him to surrender to custody on Sept. 14.

Judge Castel said the sentence — toward the lower end of official guidelines that called for a sentence above four years — marked a "sorry reality" for the "talented" Fordham University economics graduate who earned $600,000 in...

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