Gotti Grandson Is Sentenced to 15 Months for Covid Relief Fraud
The New York Times • • nation
Key Points:
- Carmine G. Agnello Jr., grandson of mob boss John J. Gotti, was sentenced to 15 months in prison for defrauding the federal government of over $1 million in Covid relief funds.
- Judge Nusrat J. Choudhury ordered Agnello to pay $1.3 million in restitution to the Small Business Administration.
- Agnello pleaded guilty to applying for multiple loans under false pretenses for his Queens-based company, Crown Auto Parts & Recycling, and used over $400,000 to invest in cryptocurrency.
- In court, Agnello expressed remorse, calling his actions "wrong, selfish and criminal," and acknowledged disappointing his family, some of whom attended the sentencing.
- The fraud occurred during the pandemic relief efforts starting in April 2020, exploiting a program designed to help small businesses affected by Covid-19.
