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Irwin man sentenced for aiding fugitive

Tuesday, July 23, 2013, 12:01 a.m.
 

An Irwin man was sentenced to four years of probation for funneling money to a federal fugitive charged with bilking investors out of more than $7.5. million.

Sean Kerrigan, 32, pleaded guilty in May to charges he withdrew funds from banks on behalf of Frank Guzik, 44, of Derry who vanished after IRS agents tracked him to Texas.

Guzik was indicted in 2010 on charges of bank, wire and mail fraud and conspiracy in connection with a “house flipping” scheme he operated from businesses based in Monroeville.

Federal prosecutors said Kerrigan withdrew $108,000 in amounts less than $10,000 in order to avoid filing a Currency Transaction Report, which would have triggered an IRS review for criminal activity. When $10,000 or more is deposited, withdrawn or transferred from one financial institution to another, a transaction report must be completed.

Kerrigan, who was in the real estate business in Westmoreland and Allegheny counties, said he drove Guzik to Pittsburgh International Airport in 2009 before he disappeared.

Another Guzik associate, Bonnie Gardner, 55, of Murrysville will be sentenced on Oct. 18 for her part in the case according to federal court records. She pleaded guilty in May to wire fraud and conspiracy.

Guzik and Gardner, according to indictments, solicited people to invest in East Haven Development Co., East Haven Investment Group and Guzik Management.

Guzik purchased and renovated homes but misled investors by promising high rates of return. He also is accused of providing fraudulent documents to investors and lending institutions to inflate projected profits.

Richard Gazarik is a staff writer for Trib Total Media. He can be reached at 724-830-6292 or at rgazarik@tribweb.com.

 

 
 


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