June 8, 2005
Plea in Bidrigging/Fraud Case
A press release of the Government here, reports that "[a] former maintenance manager at the General Electric Company’s Waterford, New York plant [ ] pleaded guilty to bid rigging and conspiracy to commit mail fraud in connection with a kickback scheme involving roofing contracts in the Albany, New York area. . ."
The government notes that this "is the fourth [plea] obtained in the government’s ongoing investigation of the roofing industry in the Albany area." Defendant and his co-conspirators had been charged according to the government "with carrying out the conspiracy by:
"Discussing the submission of prospective bids on certain roofing contracts;
"Agreeing among themselves which company would be the low bidder on each of the contracts discussed; an
"Arranging for co-conspirators to submit bids that were intentionally higher.
TrackBack URL for this entry:
Listed below are links to weblogs that reference Plea in Bidrigging/Fraud Case: