Home Depot Employee Pleads Guilty in Massive Scheme
Anthony Tesvich, a former Home Depot employee, plead guilty in front of Judge Story in Atlanta on Monday to one count of conspiring to defraud Home Depot, and three counts of tax evasion. As part of his plea, Tesvich admitted to taking millions of dollars in secret payoffs from Home Depot vendors and failing to pay taxes on those kickbacks.
The lengthy Criminal Information, available here, alleges that Tesvich conspired with two other Home Depot employees, identified only as co-conspirators A and B, to obtain kickbacks from Home Depot suppliers through various front companies and then paid monies to his Home Depot co-conspirators for the purpose of concealing the receipt of those kickbacks.
Yesterday, July 2, Tesvich forfeited his interest in the following properties.
- $465,999 .69 in proceeds from the consent sale of 90C Carriage Path, S .E ., Smyrna, Cobb County, Georgia;
- 1E255 Mountain View Road, Desert Hot Springs, Riverside County, California, and all buildings and appurtenances thereon;
- Twenty (20) Acres of Vacant Land, Parcel Number 657-270-023-6, Riverside County, California, and all buildings and appurtenances thereon;
- 600 Schillinger Road N., Serrsnes, Mobile County, Alabama, and all buildings and appurtenances thereon;
- 1916 Wildwood Place, Mobile, Mobile County, Alabama, and all buildings and appurtenances thereon; and
- $122,971 .75 in proceeds from the consent sale of Lot 43, Heron Lakes, Phase T, Mobile, Mobile County, Alabama.
Tesvich, who is cooperating with the government will be sentenced on September 2, 2008. Based on the government filings to date, other cases will arise out of Tesvich’s cooperation.
