US authorities have charged Michael Zmijewski, former President of the Chicago-based commercial flooring contractor Mr. David’s Flooring International LLC, for his involvement in a money laundering scheme involving kickbacks.
Mr. David’s paid kickbacks to Carter Brett, an executive at a large flooring manufacturer, in return for discounted pricing. Zmijewski authorized the kickbacks and then helped launder the money to conceal them. Between 2013 and 2018, he authorized checks from Mr. David’s to a shell corporation that Brett had created only for receiving the illicit money.
Zmijewski may face up to 20 years in prison along with a penalty of $500,000. If the amount involved in the illicit transactions was greater than this penalty, the penalty may become twice the illicit amount.
Source: US Department of Justice