Six accused of bribery, embezzlement in Los Angeles Coliseum scandal

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By Alysha Bohanon

Six former executives and concert promoters of the Los Angeles Memorial Coliseum have been accused of a scheme to embezzle millions of dollars from the historic site, news sources report.

The 29-count, grand jury indictment released by Los Angeles County prosecutors charges the six defendants with bribery, embezzlement, conspiracy and conflict of interest, according to the Los Angeles Times.

Prosecutors claim that millions of dollars were stolen from the operations of the stadium, which has been a lankmark since the 1920s and was once the site of Olympics, Super Bowls and other major events. The site fell on hard times in recent years and is now the host of rave concerts, according to the Huffington Post.

The indictment was returned late Tuesday against former Coliseum general manager Patrick Lynch, former events manager Todd DeStefano, former technical manager Leopold Caudillo Jr., music and event promoters Pasquale Rotella and Reza Gerami, and janitorial contractor Tony Estrada, according to the Los Angeles Times.

DeStefano is charged with one count of conspiracy to commit embezzlement, 15 counts of embezzlement by a public or private officer or agent of public funds, two counts of accepting a bribe, and five counts of conflict of interest. Rotella and Reza are each charged with one count of conspiracy and bribery and multiple counts of embezzlement, according to the Los Angeles Times.

Lynch, who resigned as general manager in February 2011, is charged with two counts of conspiracy to commit embezzlement, six counts of embezzlement and one count of conflict of interest. Estrada, 72, is charged with one count each of conspiracy to commit embezzlement and embezzlement. A third Coliseum employee, Caudillo, 41, was charged with one count of conflict-of-interest after he allegedly directed stadium business to a firm he founded, the Los Angeles Times reported.

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This page contains a single entry by boha0054 published on March 25, 2012 11:42 PM.

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