Former Vending Company Executive To Pay $1 Million In Restitution To Pepsi Bottling Group

The former principal of a New Jersey vending company agreed to pay restitution of $1 million to the Pepsi Bottling Group, the U.S. Attorney Paul J. Fishman announced. Joseph Belasco, 62, of Cedar Grove, N.J., pleaded guilty before U.S. District Judge Jose L. Linares in Newark federal court to a superseding information charging him with providing a false 2008 IRS 1099 form to the wife of a PepsiCo executive for consulting services that she never performed. Full article.