A former commercial flooring executive received a one-count indictment for his role in a money laundering conspiracy involving kickbacks, the Department of Justice announced.
A former commercial flooring executive received a one-count indictment for his role in a money laundering conspiracy involving kickbacks, the Department of Justice announced.
Michael Zmijewski is a former president of Chicago-based Mr. David’s Flooring International, which recently pleaded guilty for its involvement in a long-running Chicago bid rigging scheme.
Zmijewski is the sixth individual to be charged in the federal antitrust investigation, in which three companies have also been charged.
Zmijewski is alleged to have engaged in a money laundering conspiracy to conceal kickback payments he authorized his company, Mr. David’s, to pay Carter Brett, an account executive for a large flooring manufacturer, in exchange for low pricing, according to the DOJ. The payments from Mr. David’s were made to a shell corporation established by Brett, according to the charge. Brett was charged for his alleged involvement in 2020.
The charge alleges Zmijewski was involved in the conspiracy from as early as 2013 until as late as June 13, 2018.
The maximum penalty for conspiracy to commit money laundering is 20 years of imprisonment and a fine of $500,000.
The investigation into the scheme is ongoing.
