This is especially tasty. Robert “Ratso” Rizzo, the former city manager of Bell…
…agreed Thursday to plead guilty to conspiracy to file false tax returns and to cooperate with federal authorities.
According to the LAT, Ratso claimed $770,000 in “phantom losses” on his tax returns between 2005 and 2010.
He faces a maximum of eight years in prison and a $500,000 fine on the federal charges.
Keep in mind that quotes about federal maximum sentences can be misleading. Also, the judge is going to allow Ratso to serve his time on the tax charges concurrently with the ten to twelve years he’ll already be serving on the other corruption charges he’s pled to, so it isn’t like he’s going to be in prison any longer. Still, this is good news.
And Merry Christmas to you, Angela Spaccia:
James Spertus, Rizzo’s attorney, said Spaccia will eventually be indicted and that Rizzo will testify against her.