Latest Bid rigging Stories
When it occurs, construction bid rigging can drastically increase an organization's construction costs.
WASHINGTON, April 27 /PRNewswire-USNewswire/ -- A New York City federal grand jury returned an indictment against four individuals and three corporations for participating in mail and wire fraud conspiracies related to contracts for work performed at New York Presbyterian Hospital (NYPH), the Department of Justice announced. The four-count indictment returned today in U.S.
WASHINGTON, April 6 /PRNewswire-USNewswire/ -- A New York City federal grand jury returned an indictment against a former Mount Sinai Medical Center and School of Medicine purchasing official today for participating in bid-rigging and fraud conspiracies related to contracts for work performed at Mount Sinai, the Department of Justice announced. The three-count indictment returned today in U.S.
WASHINGTON, Jan. 12 /PRNewswire-USNewswire/ -- A New York Presbyterian Hospital (NYPH) purchasing official pleaded guilty today to conspiring to rig bids on re-insulation services contracts, the Department of Justice announced today.
Britain's Office of Fair Trading has fined 103 construction companies $211 million after a four-year investigation of anti-competitive contract bidding. Officials said the companies were involved in illegal anti-competitive bid-rigging activities, between 2000 and 2006, including submitting inflated bids for public sector contracts, a practice called cover-pricing. The high bids are not submitted to win a contract, but to raise the perception among clients that other high prices are...
WASHINGTON, July 13 /PRNewswire-USNewswire/ -- An employee of a Sewell, N.J., sub-contractor that provided temporary electrical services was sentenced today to serve 20 months in jail for his role in a kickback and fraud scheme at an Environmental Protection Agency (EPA)-designated Superfund site in New Jersey, the Department of Justice announced.
WASHINGTON, June 30 /PRNewswire-USNewswire/ -- The chief executive officer of a former Virginia marine products company pleaded guilty and has agreed to pay a $100,000 criminal fine and serve time in jail for his role in a conspiracy to rig bids and allocate customers with respect to marine products purchased by the U.S.
Provided Household Goods Moving Services for U.S.
WASHINGTON, May 1 /PRNewswire-USNewswire/ -- The owner and president of a Ronkonkoma, N.Y., designing and manufacturing company pleaded guilty to conspiring to allocate a U.S. Navy contract for Navy straps, the Department of Justice announced today.