College Hockey:
RIT freshman faces money laundering, conspiracy charges

USCHO Staff Report • June 17, 2011

Michael Colavecchia, who recently completed his freshman season at Rochester Institute of Technology, was arrested this week and charged with money laundering and conspiracy in an alleged scheme to defraud the Toronto Transit Commission.

CTV News in Toronto has reported that Colavecchia, as well as his father Bruno and mother Vincenza Grossi, along with Sebastian Corbo, were all arrested after a yearlong TTC internal investigation.

It is alleged that Corbo, who owns a paving business, overcharged the city of Toronto for work performed and the Colavecchias set up phony accounts to assist in the fraud.

“We are sorry to hear of the news concerning Michael and his family,” an RIT athletic department spokesperson said. “This is a legal matter in Canada so we have no further comment. We expect due process to take its course.”

All four suspects have a court hearing on July 28.

Colavecchia played in 35 games for the Tigers last season, and was seventh on the team in scoring with 18 points.

The following is a self-policing forum for discussing views on this story. Comments that are derogatory, make personal attacks, are abusive, or contain profanity or racism will be removed at our discretion. USCHO.com is not responsible for comments posted by users. Please report any inappropriate or offensive comments by clicking the “Flag” link next to that comment in order to alert the moderator.

Please also keep “woofing,” taunting, and otherwise unsportsmanlike behavior to a minimum. Your posts will more than likely be deleted, and worse yet, you reflect badly on yourself, your favorite team and your conference.

Pingback: Weekend reading - Eye of The Tigers - Colorado Springs Gazette, CO
Spidermonkey86
Well it’s better than pissing in an elevator….
- Farley
  You’re a loser. Everyone knows pissing in an elevator is better than money laundering and conspiracy.
- GTC
  On which planet?
  - Spidermonkey86
    Hey if you’re going to violate the rules go for broke….Kids was smart enough to launder money good for him….I know the bar is set sooo high at UND in fact isn’t it true the first kid to spell out their full name gets to be valedictorian
- flickertail
  Well he can fall back on North Dakota if RIT gives him the boot!
  - Spidermonkey86
    Kid might be too smart for UND….he goes to RIT so he can probably spell his own name

Possibly related: