Guldi pleads guilty to bilking banks
Photo credit: James Carbone | George Guldi, former Suffolk County legislator, inside a Riverhead courtroom. (March 21, 2011)
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George Guldi
Former Suffolk Legis. George Guldi abandoned a legal marathon Friday when he admitted bilking banks out of millions of dollars.
His plea to 34 counts of grand larceny and scheme to defraud came in the midst of jury selection for the second of what would have been three trials and ends the cases against him. The counts that Guldi pleaded to included charges from both the second and third trials.
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