Former Rochester CEO Pleads Guilty To Defraduing His Own Company

CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney James P. Kennedy, Jr. announced today that Michael Margiotta, 50, of Rochester, NY, pleaded guilty before U.S. District Judge Charles J. Siragusa to wire fraud and filing a false tax return. The charges carry a maximum penalty of 20 years in prison and a $250,000 fine.   Assistant U.S. Attorney John J. Field, who is handling the case, stated that the defendant was employed as the Chief Executive Officer of eHealth Global Technologies. In May 2011, as eHealth CEO, Margiotta entered into a contract with Healthcare Network Alliance, LLC […]