Leonard C Boyle, the United States Attorney for the District of Connecticut, has announced that William Sacco, a 49-year-old from Pelham, New Hampshire, has pleaded guilty to conspiracy charges. The plea was entered before U.S. District Judge Kari A. Dooley in Bridgeport.
Sacco was formerly employed as a project manager by a Massachusetts-based mechanical contractor. Between June 2014 and December 2017, he engaged in fraudulent activities by inflating change orders on projects he managed. According to court documents and statements made in court, Sacco conspired with a subcontractor who paid him over $200,000. These payments covered various personal expenses for Sacco, including his children's college tuition and other benefits such as airline tickets and rent.
The scheme involved submitting inflated change orders to Sacco's employer to cover some of the costs associated with these payments. Sacco has pleaded guilty to one count of conspiracy to commit wire fraud. This charge carries a maximum sentence of 20 years imprisonment. He has also agreed to pay restitution amounting to $41,195.85.
Sacco was initially arrested on November 22, 2021. He is currently out on a $50,000 bond while awaiting sentencing scheduled for May 9.
The investigation into this case is being carried out by the Federal Bureau of Investigation and the Defense Criminal Investigative Service. The prosecution is being handled by Assistant U.S. Attorney David T. Huang with support from the Department of Justice’s Antitrust Division in New York.
