FOR IMMEDIATE RELEASE                                          AT
THURSDAY, MARCH 23, 1995                           (202) 616-2771
                                               TDD (202) 514-1888

           EXECUTIVE OF NEW YORK CITY PRINTING COMPANY
                 CHARGED IN TAX FRAUD CONSPIRACY

   WASHINGTON, D.C. -- An executive of a New York City printing
company that supplied materials for advertising and promotions
displays was charged today with tax fraud for failing to report
as income nearly $300,000 in cash he received as part of an
illegal check-cashing scheme.
   The tax case is part of the Department of Justice's antitrust
investigation of bid rigging, commercial bribery, fraud and tax-related 
offenses in the display industry.
   Six individuals and one corporation have pleaded guilty to
various federal charges as a result of the investigation which
began in 1992.
   The Department's Antitrust Division accused Eugene A. Veltri,
owner and president of Forms & Graphics Inc., of conspiring to
defraud the Internal Revenue Service from 1990 through September
1992 by overstating his company's true business expenses and
failing to declare as business or personal income money generated
by false billings. 
   According to a charge filed in U.S. District Court in New
York City, Veltri wrote $338,000 in checks to Van Dyke Color
Litho, a sham corporation controlled by Robert Berger.  Veltri
then received about $297,440 in cash from Berger.  Berger pleaded
guilty to tax evasion in October 1994 and is expected to be
sentenced in April.
   Anne K. Bingaman, Assistant Attorney General in charge of
the Antitrust Division, said both cases are part of an ongoing
investigation by the Division's New York Office into the
point-of-purchase display industry.  The investigation is being
conducted with the assistance of the Federal Bureau of
Investigation and the Internal Revenue Service.  
   The maximum penalty for an individual convicted of a
conspiracy to defraud the IRS is five years in prison and a fine
not to exceed the greatest of $250,000, twice the pecuniary gain
the individual derived from the crime or twice the pecuniary loss
caused to the victims of the crime.
                               ###
95-157