A New City man faces up to seven years in federal prison after pleading guilty to running a $46 Million fraud scheme for decades. The U. S. Attorney for the Southern District of New York said 71 year-old Gabriel Letizia Jr., the owner and executive director of AMA Laboratories, a consumer products testing company in New City, admitted last week to defrauding customers by reporting laboratory test results for panelist testing that was not fully performed. Four former AMA employees had already confessed to their role in the scheme that started in 1987. Letizia will be sentenced in September.
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