Former Oakbrook Terrace Mayor Tony Ragucci pleaded guilty Monday to participating in a red-light camera kickback scheme with a mob-connected businessman and his stepsons that allegedly funneled thousands in cash payments to the mayor in exchange for a lucrative cut of the town’s ticket proceeds.
Their deal called for Colucci’s company, DSC Enterprises, to receive a whopping 14% of the revenue that SafeSpeed generated from its agreement with Oakbrook Terrace, according to Ragucci’s 26-page plea. Ragucci, meanwhile, was also soliciting cash payments from SafeSpeed co-founder and executive Omar Maani in exchange for renewing the company’s annual contract with the town, the indictment alleged.
Investigators seized $67,000 from Ragucci’s home in 2019, about $7,000 of which was in “marked bills” that had been provided to Maani by law enforcement during the undercover investigation, according to prosecutors. He also must pay about $7,000 in unpaid taxes to the federal and state government.They are scheduled to be arraigned later Monday before U.S. Magistrate Judge Sunil R. Harjani
“Their actions were clearly in their own self-interest and done without SafeSpeed’s knowledge and undercut the important work SafeSpeed does,” the company has previously said. “The criminal activity of a few individuals does not and should not reflect the values and integrity of SafeSpeed, its employees, and its clients.”
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