A federal judge last week has ordered millions of dollars in restitution for the Toms River, N.J., regional school district stemming from a bribery and kickback scheme.
Former Superintendent Michael Ritacco and the district’s former insurance broker, Francis Gartland, have been ordered to pay more than $4.3 million in restitution.
Ritacco and Garland are each serving 11-year prison sentences. Ritacco has already forfeited $1 million, a Mercedes Benz and nearly $9,000 in cash.
Former athletics and special projects supervisor Frank D’Alonzo must pay more than $1.6 million in restitution.
Prosecutors say Ritacco accepted up to $2 million in bribes and other benefits in return for helping Gartland obtain insurance contracts with the district.
Gartland must forfeit $11 million and D’Alonzo must forfeit $4.3 million to the federal government.
Was this article valuable?
Here are more articles you may enjoy.
NAIC Victim of Cyber Incident Via PeopleSoft System
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
AM Best Upgrades Credit Ratings of Missouri’s Columbia 

