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Press Release
June 12, 2003
IMMEDIATE
Statement From MTA Executive Director Katherine N. Lapp Regarding I-Lite Electric Guilty Plea

The MTA is gratified by the actions announced today by the Manhattan District Attorney's Office regarding the guilty pleas of Grand Larceny in the Second Degree taken by I-Lite Electric and two of its principals, Danilo Gristina and Antonio Izzo.

In addition, the restitution payment is an appropriate way to compensate the MTA for its losses from I-Lite's fraudulent acts. We look forward to cooperating with the DA's office in this ongoing investigation.