Antitrust Lawyer Blog Commentary on Current Developments

FORMER HOME DEPOT EMPLOYEE PLEADS GUILTY TO DEFRAUDING HOME DEPOT IN VENDOR KICKBACK SCHEME AND TAX EVASION

On June 30, 2008 Anthony M. Tesvich, a former employee of Home Depot, pled guilty to one count of conspiracy to commit wire fraud and three counts of tax evasion, in connection with a scheme to defraud Home Depot.
According to the Department of Justice (“DOJ”), the conspiracy took place from October 2002 to October 2007. Mr. Tesvich took kickbacks from various foreign vendors seeking to do business with Home Depot. Mr. Tesvich also provided kickbacks, which he referred to as “milk shakes” and “french fries”, to other employees of Home Depot during and after his employment at Home Depot. Furthermore, the DOJ charged Mr. Tesvich with evading taxes for his income between the years 2003-2005 amounting to approximately $1.3 million.


Andre Barlow

(202) 589-1834
abarlow@dbmlawgroup.com