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Spiezio, who is in the process of selling Waste Services Inc. to a Connecticut company has filed for bankruptcy, according to a lohud report. Spiezio reportedly stated that he can only follow through with the sale following bankruptcy hearings due to a lawsuit by the National Labor Relations Board.
According to the report, in bankruptcy court, Spiezio listed his company’s assets of $4.9 million and liabilities to the tune of $7.6 million.
Spiezio has found himself in the news for the wrong reasons in recent weeks. The 59-year-old was stopped on Webster Avenue in New Rochelle at approximately 10:30 a.m. on Sunday, Feb. 3, police said. He was driving a city-owned Chevrolet Suburban - which has been a point of contention amongst Mount Vernon officials - and using a siren to drive by other cars.
According to a police report, Spiezio identified himself as a police commissioner, but did not have any documentation or his driver’s license. A computer check of his ID found that Spiezio’s license had been suspended.
Four days later, Mount Vernon Police Commissioner Shawn Harris announced that Spiezio had asked to retire, which the department accepted immediately.
Spiezio, 59, was issued a ticket for aggravated unlicensed operation of a motor vehicle, a misdemeanor. A Mount Vernon police sergeant responded to the scene later in the morning to retrieve the city’s SUV. Spiezio is scheduled to appear in New Rochelle City Court on March 5 to respond to the charge.
“Operating a city-owned vehicle while your driving privileges are suspended is indefensible. Using emergency lights and sirens when not necessary or appropriate makes matters worse and creates a hazard to the public which cannot be mitigated," the department said at the time. “Mr. Spiezio’s actions have caused irreparable damage to the department’s integrity, morale and reputation. We are accountable to the people we serve. Therefore, Mr. Spiezio’s retirement is appropriate given the seriousness of his conduct and in the best interests of the Mount Vernon Police Department.”
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