Mosallem Pleads Guilty to Fraud

Mitch Mosallem, who headed the print production department at Grey, pleaded guilty to charges of anti-trust violations, fraud, bid rigging and tax evasion in U.S. District Court in Manhattan on Tuesday. The charges stem from an ongoing investigation of the print and advertising industries by the Justice Department’s Antitrust Division. Mosallem faces 63-78 months in prison.