STATEN ISLAND, N.Y. – The head of a South Beach-based technology company is on the hook for more than $133,000 and could spend up to 33 months behind bars after admitting he bilked a federal program serving disadvantaged kids in Brooklyn Catholic schools.
John Comito, 69, pleaded guilty Monday to wire fraud during a remote conference in Brooklyn federal court.
The defendant admitted to ripping off the E-rate program.
Comito, the chief executive officer of AutoExec Computer Systems Inc., said he submitted an invoice in October 2015, in which he falsely claimed his company had provided certain Internet services and equipment to schools under the program.
Brooklyn federal prosecutors said the company illegally obtained $433,000.
Comito personally profited to the tune of $133,240, said prosecutors.
Under the plea agreement, the defendant agreed to forfeit his illegal gains.
“I wish to express to the court how sorry I am for my