Court officials said the Hudson man used the stolen money for home renovations and vehicles.
CLEVELAND, Ohio - The former vice president of Discovery Tours Inc. pleaded guilty in federal court Wednesday to a total of 18 counts; including, wire fraud, money laundering, bank fraud and false statement under oath in a bankruptcy proceeding.
Discovery Tours Inc., located in Mayfield Village, offered educational trips for grade school and high school students. Joseph Cipolletti, 47, of Hudson, devised a scheme to take payments for trips and then used the funds for his own personal expenses.According to officials, Cipolleti then used the stolen money for home renovations and vehicles.
In May 2018, Discovery Tours ended operations and filed for bankruptcy, leading to dozens of cancelled school trips.Cipolletti is scheduled to be sentenced on Nov. 29. A total amount of loss will be determined at sentencing.
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