N.J. Man Pleads Guilty in Atlantic City Insurance Scandal
An Atlantic City insurance consultant pleaded guilty this week to bribing two city councilmen in a corruption scandal that rocked the resort city’s municipal government. Three of the nine people who served on the City Council a year ago were forced out of office because of the scandal.
Edward DiNicolantonio admitted he paid Council President Craig Callaway and Councilman Gibb Jones more than $45,000 for help getting a risk management contract for his insurance company.
DiNicolantonio, 70, could be sentenced up to 10 years in federal prison for giving corrupt payments to officials. The actual sentence is up to a judge and will probably be far less than the maximum. Sentencing was scheduled for Aug. 23.
The two councilmen he bribed are among the four people who pleaded guilty last year after a federal corruption investigation.
In March, Callaway was sentenced to 40 months in federal prison. Jones, along with Councilman Ramon Rosario and contractor Terry Jacobs, were scheduled to be sentenced this week.
- Family of Canadian CEO Killed in Helicopter Crash Files $35 Million Lawsuit
- TikTok’s New Owner Stands to Inherit 1,500 Safety, Privacy Suits
- Public Adjuster Pleads Guilty to Another Scam, This One on a Church in Georgia
- Trump’s Tariffs Send Deliberate Shock to Heart of Global Economy
- Bayer Weighs Billions in Capital Raise for Lawsuits, Shares Tumble
- State Farm Wins Dismissal of Homeowners’ Class Action Over Use of Xactimate Software
- Alert for Contractors, Builders Insurers: Construction Defect Lawsuits Likely to Rise
- J&J Spars With Foes of $9 Billion Talc Cancer Plan as Trial Ends