

Ten years is the maximum allowed under a plea agreement signed by Joseph Caramadre (kah-rah-MAH'-dray), who pleaded guilty to wire fraud and conspiracy.

Prosecutors said in papers filed Monday that Caramadre deserved the sentence because of the nature of the crime and his lack of remorse. He's scheduled to be sentenced next week.

Caramadre's lawyer did not immediately return a message seeking comment.


One of his employees also pleaded guilty.