Haluk Ergulec pleaded guilty last November to several charges of antitrust, tax and fraud violations. He was sentenced to 37 months in prison and ordered to pay $1.5 million in restitution to firms that suffered financially as a result of his actions.
The charges were brought against
The $1.5 million in restitution for Mr. Ergulec's crimes will be divided as follows: $1.1 million to Grey Global Group, whose advertising company Grey Worldwide contracted with Color Wheel on behalf of its clients as well as for its corporate assignments; $200,000 to Impact Communications, a New York advertising agency; $100,000 to WPP Group's Brouillard Communications, another New York agency; and $100,000 to Viacom, owner of TDI Winston Network.
Calls to Mr. Ergulec's lawyer were not returned at press time.