LATEST GUILTY PLEA IN PRINT-AD SCANDAL

Former Salesman Admits to Conspiracy and Tax Fraud

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NEW YORK (AdAge.com) -- An independent salesman representing a New York graphics supplier became the latest to plead guilty in the government's ongoing case against bid-rigging and fraud in the advertising and print services industry.

John Ghianni, a former salesman for

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Quality House of Graphics, pleaded guilty to one count of conspiring to rig bids and allocate contracts and one count of filing false tax returns for each of the years 1996 through 2001.

He was scheduled to go to trial April 14 in U.S. District Court for the Southern District of New York.

Mr. Ghianni faces a maximum three years imprisonment and a $350,000 fine for conspiracy and three years and a $250,000 fine for filing false and fraudulent tax returns. He could also be ordered to pay restitution. Sentencing is set for Aug. 11.

A federal grand jury indicted Mr. Ghianni in May 2002 for conspiring to rig bids and allocate contracts for the supply of graphics services purchased by Grey Global Group's Grey Worldwide on behalf of a client.

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