Richard Vitale, co-founder of CPA firm Vitale Caturano, resigned after allegations arose that he assisted ticket brokers in getting favorable legislation passed in Massachusetts without first registering as a lobbyist.Vitale reportedly resigned under pressure from the other partners in the firm, who threatened to fire him if he did not step down from the firm he co-founded 30 years ago. He is also accused of loaning a Massachusetts politician $250,000 for a mortgage on a condo at below-market rates.
According to a spokesman for the firm, Vitale had previous plans to retire from the firm and was already chairman emeritus. “During the past several months ... Dick has been working closely with the firm to ensure a smooth transition of his leadership and client responsibilities,” said the statement.
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