LAWRENCE PESCE A Construction Manager for Touro College Was Charged In A $2 Million Commercial Kickback Scheme
PREET BHARARA, the United States Attorney for the Southern District of New York; GEORGE VENIZELOS, the Acting Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”); and MARJORIE FRANZMAN, the Special Agent-in-Charge for the United States Department of Labor, Office of Inspector General's New York Office of Labor Racketeering and Fraud Investigations (“DOL-OIG”), announced the arrest of LAWRENCE PESCE, a construction manager for Touro College, on charges that he had defrauded Touro College out of more than $2 million since May 2008 through a kickback scheme that included the submission of an inflated bid for a construction project, bid-rigging, and the submission of fraudulent invoices. According to the Complaint unsealed today in Manhattan federal court: In or about May 2008, Touro College sought competitive bids for a construction project located at 230 West 125th Street in Manhattan (“the project”). LAWRENCE PESCE was Touro College...