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Bakery Owner and Manager Get Six Months for Fraud

By Jim Sams (Senior Editor)

Thursday, April 21, 2011 | 0

The owner of a Silicon Valley bakery and his account manager were sentenced to six months in jail for insurance and tax fraud, while the owner's wife will do community service for a related misdemeanor charge, the California Department of Insurance announced.Jeffrey Ottoveggio, 49, founder and owner of Posh Bagel in Santa Clara, and company account manager Bruce Campbell, 55, pleaded guilty to one felony count of workers' compensation insurance fraud and one felony count of unemployment insurance tax fraud. Ottoveggio's wife, 40-year-old Cheryl Lee, pleaded guilty to one misdemeano...

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