Flag and gavel

The U.S. Attorney’s Office for the Eastern District of New York has added 21 more counts to its corruption indictment against Nassau County Executive Edward Mangano and the former top elected official of a Long Island municipality in a kickback scheme involving a local restaurateur.

The superseding indictment against Mangano and former Oyster Bay town Supervisor John Venditto was filed the same day that the U.S. Securities and Exchange Commission filed its own action against Venditto and the town of Oyster Bay, alleging that “side deals” with the local businessman were hidden from investors in the municipality’s securities offerings.

The SEC accuses Venditto and the municipality of violations of the Securities Exchange Act of 1934 and the Securities Act of 1933, and also alleges that Venditto aided and abetted Oyster Bay’s violations.

The additional counts in the criminal matter, which are all brought against Venditto, include securities fraud, wire fraud related to securities offerings and a related conspiracy charge. In the criminal case, filed last year, prosecutors allege that Mangano and Venditto took bribes from restaurateur Harendra Singh in exchange for the town of Oyster Bay’s guarantee on four loans to Singh that added up to $20 million.

Last week, Newsday reported that Oyster Bay’s legal bills regarding loan guarantees to Singh now exceed $3.3 million, of which $2.2 million went to Quinn Emanuel Urquhart & Sullivan. Assistant U.S. Attorneys Catherine Mirabile, Raymond Tierney and Lara Gatz of the Eastern District are prosecuting the criminal case.

Marc Agnifilo and Joshua Kirshner of Brafman & Associates represent Venditto. Agnifilo said his client will plead not guilty to the new counts.