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Omnibuild executives plead guilty to lesser charges in XI fraud scheme
April 13, 2026
Posted 3 hours ago by
Omnibuild’s former co-CEO John Mingione pleaded guilty to one criminal charge, springing from an alleged 86 million fraud scheme at HFZ Capital Group’s luxury condo projects. Mingione and Kevin Stewart, an accountant for the construction firm, reached a deal with prosecutors to avoid trial, both entering guilty pleas during a Monday hearing in New York’s criminal court in Lower Manhattan.
Neither will face jail time. Mingione pleaded guilty to one count of criminal conspiracy. He is required to pay a 20,000 fine and complete 100 hours of community service. If he completes these tasks, his felony plea will be reduced []This article originally appeared on The Real Deal. Click here to read the full story.
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