Principals of fire alarm repair company plead guilty to decade-long scheme to defraud New York City agencies

March 25, 2025 — Earlier today, in federal court in Brooklyn, Walter Stanzione and William Neogra, the principals of a fire alarm maintenance company, pleaded guilty to wire fraud conspiracy. Both defendants were charged with a decade-long scheme to defraud the City of New York by seeking payment on millions of dollars of grossly inflated fraudulent bills. The proceedings were held before United States Magistrate Judge Joseph A. Marutollo. When sentenced, each defendant faces up to 20 years in prison.  Read More