Thomas Milo pleads guilty in Federal probe of Connecticut
Kevin J. O’Connor, United States Attorney for the District
of Connecticut, announced that Thomas Milo, of Mamaroneck, New York,
pleaded guilty to one count of conspiring to launder money.
In pleading guilty, Milo admitted that he was a silent partner in numerous
trash hauling entities operating in Connecticut and Eastern New York,
including Automated Waste Disposal (AWD), Diversified Waste Disposal
(DWD) and Superior Waste Disposal (SWD), and that to facilitate the operation
of these enterprises and their many affiliated companies, he and others
agreed to pay approximately $120,000 annually to Matthew Ianniello of
New York. Ianniello has previously pleaded guilty to racketeering conspiracy
and tax charges and currently is incarcerated.
Milo further acknowledged that from approximately January 2004 to June
2005, approximately every three months, members of the conspiracy withdrew
$30,000 from a DWD bank account and transferred the cash to a co-conspirator
in Danbury. The courier would deliver the money to Ianniello in New York.
According to documents filed with the Court and statements made in court,
as a condition of his guilty plea, Milo and his spouse, who is not a
defendant to this action but who does own a 40% minority share in AWD,
DWD and SWD, agreed to forfeit the entirety of their interests to the
United States, less outstanding shareholder loans to the company. In
this regard, Milo has guaranteed that a forfeiture sale will net the
United States at least $5,000,000.
Sentencing has been set for May 9, 2008, with a possible maximum prison
term of 10 years and a fine of up to $250,000.