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December 12, 2018

13 charged in NYC construction scheme

NEW YORK (AP) — The former head of construction at Bloomberg LP cooked up a lucrative side business, prosecutors say: an electrical contractor that he kept humming with $250 million worth of business from the global media and financial information company.

Anthony Guzzone's “brainchild” was part of a broader pay-to-play scheme involving 13 other people — including a construction company executive and several subcontractors — that prosecutors say bilked Bloomberg out of more than $15 million for construction work at its Manhattan offices.

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